The Ethereum non-custodial wallet – MetaMask – joined forces with the payment provider PayPal to enable customers to purchase and transfer Ethereum (ETH).
The service will initially be available only to US users.
MetaMask announced on Twitter that its clients will be able to purchase and transfer Ethereum (ETH) via PayPal. The offering will reach a select number of US residents of all US states except Hawaii.
Our US users will now be able to fund their wallet with ETH via @PayPal! 🦊
Rolling out in the next weeks in the US, excl. Hawaii, through our mobile app (make sure to update to v5.13.0)🧵👇https://t.co/392JwFYF3m
— MetaMask 🦊💙 (@MetaMask) December 14, 2022
According to Product Manager – Lorenzo Santos – the collaboration will give clients an opportunity to dive into the Web3 ecosystem:
“This integration with PayPal will allow our US users to not just buy crypto seamlessly through MetaMask, but also to easily explore the Web3 ecosystem.”
ConsenSys – a blockchain software company that develops the non-custodial wallet – partnered in October with the financial platform Sardine to allow MetaMask customers to purchase cryptocurrencies directly from their bank accounts.
For its part, PayPal started interacting with the crypto industry in 2020, allowing users to buy, sell, and hold Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).
Earlier this year, the organization let customers withdraw their holdings to personal wallets.
This article first appeared on CryptoPotato
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- @ December 15, 2022 4:15 pm