A piece of exciting news comes for the cryptocurrency community. In a recent announcement, Paypal introduced a new way for customers to pay for their purchases and businesses to receive payments. “Check out with crypto” a feature in Paypal enables Paypal customers in the US to check out their purchases using cryptos. The move will add great utility to cryptocurrency use.
CEO of Paypal, Dan Schulman shared the company’s vision with cryptos saying “Enabling cryptocurrencies to make purchases at businesses around the world is the next chapter in driving the ubiquity and mass acceptance of digital currencies.’’ The launch of “Check out with Crypto” will allow users to pay for their online purchases using cryptocurrencies. The ability to make payment will be seamless where users with significant cryptocurrency balance to cover for the purchase will receive an option to check out using cryptos. Cryptocurrency users will have the ability to pay online by converting cryptocurrency into fiat at the check-out.
The choice and flexibility to make payments using cryptos will add great value in adding mainstream adoption of cryptocurrency. The use of digital payments and investment in digital assets increasing. Get on board, switch to digital currencies. It is convenient, profitable, affordable, and easy. People have shown great interest in using digital money. And businesses are recognizing this need, increasingly providing electronic wallets and the market with many options to use them. For instance, XcelPay Wallet can be used to make or receive payment in XcelToken Plus, Bitcoin, Ethereum, and many other ERC20 tokens. Check the wallet out with XcelToken Plus.