eBay will receive cryptocurrency payments: News Report

eBay has decided to accept cryptocurrency payments to appeal to modern consumers (especially, Gen Z, and Millenials). It should be noted that eBay was one of the few companies that have been at the forefront regarding cryptocurrency adoption.

When eCommerce brands don’t trust these currencies, eBay is making much headway, according to Jamie Lannone. The announcement will be made in March. This will open up new opportunities, including Google Pay, Apple Pay, and After Pay. Bitcoins and Ethereum will be first accepted as payment options. NFT-BASED transactions are becoming a regular thing on eBay while trading goods and promoting brand sustainability.