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Market News

eBay Hints at Digital Wallet in its Investor Day Presentation

eBay confirmed that the digital wallet will readily be available in the second quarter of this year.

Written By:
Vismaya V

Last updated: March 11, 2022 1:16 PM
Published March 11, 2022 1:16 PM
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Last updated: March 11, 2022 1:16 PM
Published March 11, 2022 1:16 PM
ebay digital wallet

The popular e-commerce platform eBay teases about a digital wallet in its Investor Day presentation fueling speculation about the firm’s crypto aspirations.

A few days back, eBay CEO Jamie Iannone stated in an interview that the firm has been planning to adopt cryptocurrency payment as an option for quite some time, and an official announcement could be made on the investor’s day.

However, during the presentation, the company said nothing concrete about crypto payments other than that its digital wallet will be available in the Q2.

But CEO Iannone did say eBay is “continuing to look at new forms of payment to add now that we’ve got the rollout of global payments complete,” at the event.

In 2014, the firm also planned to accept Bitcoin payments, although this was never carried out. Right now only NFTs can be purchased, traded, and sold on eBay’s marketplace.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Vismaya V - Content Writer
By Vismaya V
Vismaya is a crypto content writer with over two years of experience in the field. With a passion for writing and research, Vismaya has made a name for herself in the crypto community with her in-depth analysis and clear explanations of complex topics. In addition to her love for writing and crypto, Vismaya is also a big fan of football and anime.

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