Software Firm Consensys Partners With Paypal, Metamask Users Can Use Payment Processor to Buy ETH – Bitcoin News

The Ethereum software firm Consensys announced that the company has teamed up with payment processing giant Paypal.

explained

Wednesday it has teamed up with Paypal, and the team further detailed that “Metamask will be the first Web3 wallet to leverage PayPal to drive more successful on-ramp transactions.” Essentially, the partnership will allow users to utilize their Paypal account to purchase ethereum after the Metamask owner logs into the Paypal platform via the wallet.

Consensys’ blog post adds that the Paypal integration with Metamask is just one of the “series of announcements” that will be associated with the Metamask mobile wallet. “This integration with Paypal will allow our U.S. users to not just buy crypto seamlessly through Metamask, but also to easily explore the Web3 ecosystem,” the product manager for Metamask, Lorenzo Santos said.

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