Re:PayPal to allow cryptocurrency buying, selling and shoppi...
by nkohari on Wednesday October 21, 2020 @08:45PM
(#24853878)
> The risk to PayPal is that Visa/MC no longer allow PayPal to transact on their network if aggregate chargebacks exceed some percentage.
PayPal processed 711.92B USD of transactions during 2019. [1] It's feasible that they'll hit a trillion dollars in PV this year. While it's true that Visa/MC could lock them out if they so chose, it's incredibly unlikely.
PayPal processed 711.92B USD of transactions during 2019. [1] It's feasible that they'll hit a trillion dollars in PV this year. While it's true that Visa/MC could lock them out if they so chose, it's incredibly unlikely.
[1] https://www.statista.com/statistics/277841/paypals-total-pay...