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HomeCrypto NewsMarketAfter NFTs, Crypto Payments May Come To eBay

After NFTs, Crypto Payments May Come To eBay

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One of the largest American multinational e-commerce corporations, eBay, might accept payments in cryptocurrencies.



The American edition of The Steet was the first to publish the news, company’s CEO Jamie Iannone; plans to announce something regarding crypto as early as March 10th.

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eBay (EBAY) wants to be a market for Gen-Z and millennials, considering adding cryptocurrencies as a possible means of payment. CEO Jimmy Enon told TheStreet that the company could announce on March 10 during its investor day.

“We’re just completing our transition to managing payments where we’re now managing $85 billion of volume on our platform directly; This gives us the ability to open up new forms of payment. And so we continue to evaluate other forms of payments that we should take on the platform.”

eBay is trying to attract more customers from the millennial generation, and numerous surveys, according to The Street, show that cryptocurrencies are the best way to do so. Until recently, eBay avoided digital currencies, but in the middle of last year, the company announced that users could buy and sell NFTs on its platform.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Ammara
Ammarahttps://thecryptobasic.com/
Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

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