Jamie Iannone, CEO of eBay, stated in a recent interview that the major e-commerce platform will accept cryptocurrency payments soon
The internet marketplace is an e-commerce platform that has been around for a long time. It is now striving hard to be the preferred platform of Generation Z and Millennials.
The CEO of The Street stated in an interview that they have been trying to integrate crypto payment options for a while. A formal announcement could be made on the March 10 investor’s day.
Jami Lannone CEO of eBay stated that the platform’s primary target audience is young people. Jami Lannone stated that the platform is focused on selling collectible sneakers which is a rising trend among the younger generation.
Iannone, an interviewer, revealed that the e-commerce giant is considering switching to new payment methods, even though it manages $85 billion in volume directly.
WE’RE NOT ACCEPTING CRYPTO CURRENTLY. BUT ON MARCH 10, WE’RE GOING TO GO DEEPER ON ALL OF THESE THINGS, PAYMENTS, ADVERTISING, OUR FOCUS CATEGORIES. EBAY WILL BE THE PLACE WHERE PEOPLE TRADE GOODS, WHETHER THEY BE PHYSICAL OR DIGITAL. -EBAY CEO JAMI LANNONE
The company allowed NFTs to be traded on its platform last year. This helped them skyrocket in popularity.