Paypal developing cryptocurrency

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Paypal has been one of the biggest and one of the most used digital wallets before cryptocurrencies surge its popularity. Paypal already established its foundation and where most people that are into the internet at that time, are mostly integrated to Paypal or used it as their payment gateway.

Paypal is still commonly used as people already put their trust into it as it helps the users protect themselves in terms of privacy from exposing their direct bank information. And aside from that Paypal has its own system that helps stops fraud transactions and reversed them by what I have experienced during the time I used Paypal.

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If ever the rumors are true that Paypal will be developing their own cryptocurrency, I think Paypal will increase back their usage comparing to what they are now due to many competitors. But still, the creation of its own crypto may take a while as development should reconsider many things especially security that is the most important.

Posted Using LeoFinance



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