Express
PayPal Wants More Customers to Pay Using Crypto Assets, But Not Planning to Invest in These Assets Yet
Summary: PayPal Holdings Inc. is looking to expand its lucrative business of enabling customers to pay merchants with crypto assets, but the digital payments company doesn’t yet plan to invest in these assets, Chief Financial Officer John Rainey said. “It is still a highly volatile asset right now,” Mr. Rainey said, referring in general to fluctuations ...
PayPal Holdings Inc. is looking to expand its lucrative business of enabling customers to pay merchants with crypto assets, but the digital payments company doesn’t yet plan to invest in these assets, Chief Financial Officer John Rainey said.
“It is still a highly volatile asset right now,” Mr. Rainey said, referring in general to fluctuations in price of cryptocurrency assets. “But if in a couple of years, there is more stability, I would never say no”.
By Amy Liu
Tags: Crypto,John Rainey,Paypal
Link: PayPal Wants More Customers to Pay Using Crypto Assets, But Not Planning to Invest in These Assets Yet [Copy]
