In Q4 of 2020, PayPal announced that it was going to launch a range of crypto payment services this year. The new business unit will likely be tasked with the responsibility of making this happen. Meanwhile, Schulman revealed that customers will be able to use crypto to pay for goods and services at 29 million merchant locations. This feature is expected to take effect by the end of Q1 2021, after which the payment giant will launch its first international market and a Venmo integration with crypto. Schulman further said:
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Source: Cryptocurrency - investing.com
