PayPal Cracks Down on Unverified Users, Updates Fees, Highlighting Cryptocurrency’s Advantages

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Mark Mason

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PayPal Cracks Down on Unverified Users, Updates Fees, Highlighting Cryptocurrency’s Advantages

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Payments giant PayPal has placed limitations on unverified users, as well as made adjustments to fees, increasing cryptocurrency’s relative competitive advantage.

In a recent update to its policies, PayPal, which was recently dropped as eBay’s primary payments provider, has changed its functionality for users who have not yet had all their identifying information verified. They will now be restricted from sending to other users and making payments, and will be limited to being transferred to a linked bank account or debit card until the user has established full verification:

Read more: https://www.dashforcenews.com/paypa...fees-highlighting-cryptocurrencys-advantages/
 
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