PayPal CFO John Rainey told CNBC that they don’t see much interest in cryptocurrencies due to volatility threatening the viability of their merchants’ businesses. However, he did not rule out that the payment giant will support crypto in the future.
There are other online payment systems in the market that support cryptocurrencies, Square Cash is one of them and they support Bitcoin since November 2017, are growing much faster than “Venmo”, Mobile payment service of PayPal.
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