{"id":15581,"date":"2022-12-17T21:30:34","date_gmt":"2022-12-17T21:30:34","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/software-firm-consensys-partners-with-paypal-metamask-users-can-use-payment-processor-to-buy-eth-bitcoin-news\/"},"modified":"2022-12-17T21:30:34","modified_gmt":"2022-12-17T21:30:34","slug":"software-firm-consensys-partners-with-paypal-metamask-users-can-use-payment-processor-to-buy-eth-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/software-firm-consensys-partners-with-paypal-metamask-users-can-use-payment-processor-to-buy-eth-bitcoin-news\/","title":{"rendered":"Software Firm Consensys Partners With Paypal, Metamask Users Can Use Payment Processor to Buy ETH \u2013 Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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On Dec. 14, the Ethereum software firm Consensys announced that the company has teamed up with the payment processing giant Paypal. The integration allows Metamask wallet users to purchase ethereum via Paypal from within the Web3 wallet application.<\/strong><\/p>\n

Consensys Teams up With Payments Giant Paypal<\/h2>\n

According to Consensys<\/a>, Metamask users can now purchase ethereum (ETH<\/a>) using the payment provider Paypal. The financial technology company Paypal started offering<\/a> cryptocurrency services in 2021 and the company\u2019s CEO detailed<\/a> that demand for crypto outstripped initial expectations.<\/p>\n

The Ethereum software firm Consensys explained<\/a> Wednesday it has teamed up with Paypal, and the team further detailed that \u201cMetamask will be the first Web3 wallet to leverage PayPal to drive more successful on-ramp transactions.\u201d Essentially, the partnership will allow users to utilize their Paypal account to purchase ethereum (ETH<\/a>) after the Metamask owner logs into the Paypal platform via the wallet.<\/p>\n

Consensys\u2019 blog post adds that the Paypal integration with Metamask is just one of the \u201cseries of announcements\u201d that will be associated with the Metamask mobile wallet. \u201cThis integration with Paypal will allow our U.S. users to not just buy crypto seamlessly through Metamask, but also to easily explore the Web3 ecosystem,\u201d the product manager for Metamask, Lorenzo Santos said.<\/p>\n

The partnership announcement follows the controversial Consensys privacy policy news<\/a> that details the company collects specific data from Metamask users. Paypal has also been dealing with controversy in recent times after the company erroneously published<\/a> a terms of service (ToS) document that said people who spread disinformation would be fined $2,500. However, Paypal claimed the ToS \u201cnotice recently went out in error that included incorrect information.\u201d<\/p>\n

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ConsensYs<\/a>, data<\/a>, ETH<\/a>, ETH purchase<\/a>, ether<\/a>, ether Paypal<\/a>, Ethereum (ETH)<\/a>, Lorenzo Santos<\/a>, metamask<\/a>, Metamask Wallet<\/a>, Paypal<\/a>, Paypal Ethereum<\/a>, Privacy Policy<\/a>, purchase ETH<\/a>, terms of service<\/a>, ToS<\/a>, Web3<\/a>, Web3 ecosystem<\/a>, Web3 wallet<\/a>, Web3 wallets<\/a><\/div>\n<\/div>\n

What do you think about Metamask implementing Paypal into the wallet so Web3 users can purchase ethereum within the app via Paypal? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n

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\nJamie Redman <\/h6>\n

\nJamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

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Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

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Disclaimer<\/strong>: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com<\/a> does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.<\/p>\n<\/div>\n

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