Software Firm Consensys Partners With Paypal, Metamask Users Can Use Payment Processor to Buy ETH

On December 14th, Ethereum software company Consensys announced: The company has partnered with payment processing giant Paypal. This integration will allow Metamask Wallet users to purchase Ethereum via Paypal from within the Web3 Wallet application.

Consensys partners with Payments Giant Paypal

According to Consensys, Metamask users can use payments to pay Ethereum (ETH) You can now purchase from provider PayPal. Financial technology company Paypal will launch its cryptocurrency services in 2021, and the company’s CEO detailed that demand for cryptocurrencies has exceeded initial expectations.

Ethereum software company Consensys explained its partnership with Paypal on Wednesday, further detailing the team: transaction. Essentially, this partnership allows users to purchase Ethereum (ETH) using his Paypal account after the owner of Metamask logs into his Paypal platform via wallet. will be

According to a Consensys blog post, the Paypal and Metamask integration is just one in a “series of announcements” related to his wallet on Metamask Mobile, he added. “This Paypal integration will allow US users to seamlessly purchase cryptocurrencies through his Metamask, as well as easily explore the Web3 ecosystem,” said Lorenzo, his manager of products at Metamask. Santos said.

The partnership announcement follows news of Consensys’ controversial privacy his policy detailing that Consensys collects certain data from his Metamask users. Paypal recently addressed a controversy after it erroneously issued a terms of service (ToS) document that would impose a $2,500 fine on anyone who spreads false information. A notification containing incorrect information was sent in error.”

What are your thoughts on Metamask implementing Paypal in their wallets to allow Web3 users to purchase Ethereum in-app via Paypal? In the comments section below. , let me know what you think about this matter.

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