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PayPal CEO Tests Out New Crypto Checkout Feature

Published 03/31/2021, 07:00 AM
PayPal CEO Tests Out New Crypto Checkout Feature
BTC/USD
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  • PayPal CEO tests PayPal’s new cryptocurrency feature.
  • Schulman offers a step-by-step guide on how to use the new service.
  • The new PayPal service will increase digital asset use in everyday life.

PayPal CEO Dan Schulman has recorded a video testing its new cryptocurrency feature. He offers a step-by-step guide on how to use the company’s new checkout service in the video.

For this purpose, Schulman visited Bronco Western Wear’s website to buy his favorite shoes. He showed in the video how after giving the required order details and placing his order, he headed to the checkout page. Once there, he chose Bitcoin to pay for his purchase.

Meanwhile, the CEO also explained that crypto lovers can now use it as a funding source instead of a PayPal balance or credit card.

Schulman has personally held Bitcoin for years. PayPal however only expanded to crypto in late 2020. First, it allowed customers to hold digital assets and later announc...

This article was first published on coinquora.com

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