On December 14, Ethereum software company Consensys announced that the company has teamed up with payments processing giant Paypal. The integration allows Metamask wallet users to buy Ethereum via Paypal from within the Web3 wallet app.
Consensys is partnering with payments giant Paypal
to me ConsenSysMetamask users can now buy ethereum (ETH) using the Paypal payment provider. Financial technology company Paypal started Show Cryptocurrency Services in 2021 and the CEO of the company Hinge This demand for cryptocurrencies has surpassed initial expectations.
Software company Ethereum Consensys explained On Wednesday it teamed up with Paypal, and the team also shared that “Metamask will be the first Web3 wallet to take advantage of PayPal to generate more successful transactions on the platform.” Essentially, the partnership will allow users to use their Paypal account to buy ethereum (ETH) after the Metamask owner logs into the Paypal platform via the wallet.
The Consensys blog post adds that Paypal’s integration with Metamask is just one of a “cascade of announcements” that will be linked to the Metamask mobile wallet. “This integration with Paypal will allow our US users to not only easily purchase cryptocurrencies through Metamask, but also to easily explore the Web3 ecosystem,” said Lorenzo Santos, Product Manager for Metamask.
What do you think about Metamask for Paypal in the wallet so Web3 users can buy ethereum in-app via Paypal? Tell us what you think about it in the comments section below.
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