E-commerce Giant eBay Does Not Let Payments with Cryptocurrencies
eBay Inc. forbids payments through cryptocurrencies and is not willing to work with it at least at the present time.
eBay Inc., the famous American E-commerce corporation whose job is facilitating sale via its website, forbids payments through cryptocurrencies and is not willing to work with it at least at the present time.
However, the opposite news is heard about this multinational corporation implying that accepting cryptocurrencies for paying the goods sold on the site is among its near future plans, but it is not proved yet. Perhaps this event that this company confirms Cryptonews.com has not been that ineffective in diffusing such rumors.
What has been said by the company regarding its platform can be an accentuation in rejecting the above speculations, as it emphasizes that it does not accept cryptocurrencies on its platform. Moreover, such a measure will not be among its policies too.
The interesting point is that there are many forms of payment that are verified, and the company acknowledges their use, PayPal, PayPal Credit, credit card, and debit card are some cases in point. Seemingly, eBay tries to have a full control and dominance on its payments as it does not support any payment outside its pages like banking transfers and online payment services.
It is astonishing how these rumors have been created, despite the fact that eBay has formerly added this expression: “Paying with Virtual or Cryptocurrencies.” to the methods which it is not in agreement with.
Such rumors might root in the events such as the one taking place some time ago about a picture related to cryptocurrencies which were among eBay ads at Consensus which was then made clear by the company that it was just about cryptocurrency-related items which were put on sale by eBay.
It seems that their main problem is the time, as there are instances like Moon with the possibility of shopping on Amazon for the Coinbase users of course via cryptocurrencies which has been provisioned by eBay.
Considering the fact that transacting by cryptocurrencies and using them for trades is proceeding to become widespread in different nations and it has fortunately been started in successful retailers like Barns and Noble, GameStop and Regal it can be red light for well-known and credible companies not to recoil and make more audacious decisions to modify their trading policies.