Shiba Inu, Bitcoin holders can now spend their crypto on eCommerce giant eBay via the BitPay card, which can be used at eBay’s checkout like any other credit or debit card.
use your @Shibtoken Feather @bitpay Cards on eBay! #shib https://t.co/7xbTP31KdQ
— Bus (@TheBus37643251) 26 August 2022
As explained in a blog post, holders can load their cryptocurrencies and spend them like cash on eBay via a BitPay card. The Virtual BitPay card can also be used at millions of online merchants anywhere MasterCard is accepted (including eBay).
Cryptocurrency payment processor Bitpay currently supports the following cryptocurrencies: Bitcoin, Ethereum, Bitcoin Cash, Dogecoin, Shiba Inu, Litecoin, XRP, Apcoin, Dai, Binance USD, USD Coin, Wrapped Bitcoin, Pax Dollar, Gemini Dollar and Euro Coin .
Currently, eBay does not accept direct crypto payments, but it may do so in the near future. eBay CEO Jamie Iannone said in a March 2022 interview with The Street that the online auction giant does not currently accept cryptocurrency payments, but adds that the platform is constantly evaluating new forms of payment to accept. Used to be.
World-class retailers that accept direct cryptocurrency payments include AMC Theaters, ZomaShop, Newegg and Overstock.com.
More people want to transact with cryptocurrencies
According to a global survey conducted by Ripple, 56% of consumers worldwide are more willing to do business with a retailer that accepts cryptocurrencies than any other. Thirty-three percent of consumers surveyed also indicated that they would consider purchasing with cryptocurrencies.
The survey found, “Nearly a third of respondents say they would consider using crypto to make domestic or international purchases, and a quarter say they would consider using crypto to send money to a domestic or international friend or family member.” Will consider using it for that.”
As previously reported by U.Today, Shiba Inu, XRP and other cryptocurrencies backed by Binance Argentina Card can now be spent at over 90 million MasterCard merchants.