First mentioned: 10/21/2020
Last mentioned: 10/21/2020
Total mentions: 1
Most mentions: 2020
PayPal Holdings, Inc. functions as an American multinational financial technology company that operates an online payments system in most countries facilitating online money transfers. It serves as an electronic alternative to conventional paper methods like checks and money orders."
PayPal on Bitcoin
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In October 2020, PayPal (PYPL) announced that it would allow its customers to buy, hold and sell cryptocurrencies directly from their PayPal accounts. The move was seen as a way for PayPal to capitalize on the growing interest in cryptocurrencies. PayPal has been one of the largest payment processors in the world for years, handling millions of transactions per day. According to reports, the company has over 346 million active accounts and processed $222 billion in payments in the first quarter of 2021 alone.
