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A comment on PayPal to allow cryptocurrency buying, selling and shopping on its network. Parent comment

Re:PayPal to allow cryptocurrency buying, selling and shoppi... by unreal37 on Wednesday October 21, 2020 @11:10PM (#24854536)
The easy solution is: 1) double-verify the identity of the credit card holder using MFA or another way 2) don't allow refunds or chargebacks on cryptocurrency transactions.

Not every PayPal transaction is refundable.

I've bought Bitcoin using PayPal before.

[ Parent | on HN ]
Re:PayPal to allow cryptocurrency buying, selling and shoppi... by lawtalkinghuman on Thursday October 22, 2020 @10:37AM (#24858467)
> don't allow refunds or chargebacks on cryptocurrency transactions

In practice this just means: when a hacker gets into your elderly family member's PayPal account, they need to buy as much crypto as they can since then there's no chargebacks for fraud.

[ Parent | on HN ]