Jamie Iannone, the President and CEO of eBay, says that the American multinational e-commerce company is considering accepting crypto for payments on its platform.
During an interview with CNBC’s Squawk on the Street”, he was asked about eBay’s approach to cryptocurrencies.
Iannone replied:
“One of the great things about our managed payments is we’re expanding the types of payments that we take. We now take Apple Pay and Google Pay, more choice for buyers. We’ll continue to look at other options like cryptocurrency.
“One of the great things about eBay is when there’s a new trend, it just shows up on eBay. That’s what we’re seeing in areas like NFT, which we’re looking at how we can explore that better because eBay is really known as the place to transact goods. With 187 million buyers on the platform, this is the place that sellers come to get scaled demand…”
eBay acquired PayPal in 2002 and spun it off in 2015. Last October, PayPal announced a major move into crypto.
DISCLAIMER
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.
