eBay ‘open’ to accepting crypto in future

eBay has said it’s open to the idea of accepting cryptocurrency payments in the future.

The online marketplace, which has 22 million active users in the UK, also said that it is exploring how to incorporate non-fungible tokens (NFTs) on its platform.

Last week the e-commerce business reported $3 billion in revenue, up 42 per cent.
It is becoming increasingly common for companies to accept cryptocurrencies as a form of payment.

Tesla has started accepting bitcoin as a payment for its electric cars, while PayPal has enabled customers to buy, sell, and hold the digital assets via its online wallets since last year.
In a statement to Reuters, the eBay said: “We are always looking at the most relevant forms of payment and will continue to assess that going forward. We have no immediate plans, but it (cryptocurrency) is something we are keeping an eye on.”

The online platform’s chief executive Jamie Iannone told CNBC that accepting digital assets was a possibility the company is exploring.

eBay also said it is looking at several ways to get incorporate NFTs “in an easy way.”

“Everything that’s collectible has been on eBay for decades and will continue to be for the next few decades,” the chief executive said in an interview with the news channel.

    Share Story:

Recent Stories


The future-ready CFO: Driving strategic growth and innovation
This National Technology News webinar sponsored by Sage will explore how CFOs can leverage their unique blend of financial acumen, technological savvy, and strategic mindset to foster cross-functional collaboration and shape overall company direction. Attendees will gain insights into breaking down operational silos, aligning goals across departments like IT, operations, HR, and marketing, and utilising technology to enable real-time data sharing and visibility.

The corporate roadmap to payment excellence: Keeping pace with emerging trends to maximise growth opportunities
In today's rapidly evolving finance and accounting landscape, one of the biggest challenges organisations face is attracting and retaining top talent. As automation and AI revolutionise the profession, finance teams require new skillsets centred on analysis, collaboration, and strategic thinking to drive sustainable competitive advantage.