top of page

PayPal to Enable On-Chain Transfers From Venmo Accounts, Including to On-Chain Wallets

Payments company PayPal (PYPL) will allow on-chain transfers from Venmo accounts starting in May, Jose Fernandez da Ponte, the company's senior vice president and general manager of blockchain, crypto and digital currencies, said during a panel at Consensus 2023. "Users can buy a gift on Venmo and send it out. Users can invite people and send it to another Venmo user, and also to a PayPal user," da Ponte said. The announcement comes a year after the payments company said third-party wallet transfers would be coming to the PayPal and Venmo platforms, with PayPal itself now already offering this feature.


Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!



Comments


bottom of page