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What Could Bitcoin Mean for PayPal?

TheMotleyFool

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PayPal (NASDAQ: PYPL) recently introduced capabilities for its users to buy and sell bitcoin, but the big news is that the cryptocurrency will be available as a payment method at PayPal's merchants later in 2021. While this is certainly a big deal when it comes to mainstream acceptance of bitcoin, will it translate into more revenue for PayPal?

In this Fool Live video clip recorded on Jan. 25, Fool.com contributor Matt Frankel, CFP, explained why bitcoin acceptance could be a needle-mover for the payments giant.

Source Fool.com

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