Ebay is looking at cryptocurrency as a payment option for its 187 million buyers on the platform, the company’s CEO has revealed. The e-commerce giant is also exploring opportunities in the non-fungible token (NFT) business.
Ebay Looking Into Adding Cryptocurrency as Payment Option
Ebay CEO Jamie Iannone said in a CNBC interview on Monday that the company is looking at accepting cryptocurrency as a payment option.
He was asked about how Ebay is responding to the rise in popularity and adoption of bitcoin and other cryptocurrencies. The CEO replied:
We are expanding the types of payments that we take. We now take Apple Pay and Google Pay. More choice for buyers … We will continue to look at other options, like cryptocurrency.
He added: “One of the great things about Ebay is that when there is a new trend, it just shows up on Ebay. That’s what we are seeing in areas like NFTs [non-fungible tokens], which we are