Encouraged by increasingly aggressive online payment competition, the PayPal service aims to facilitate more money exchanges on its platform. In the United States, the company will allow its users to transfer money "instantly" to their bank accounts. The feature at the beginning will be limited to users who have Visa and MasterCard debit cards linked to their PayPal account and aim to strengthen the service in view of new rivals in the internet payment industry, particularly mobile. Facebook in the US has introduced money exchange within its Messenger chat and a similar feature will leap on Apple's iPhone with the new operating system coming in fall.
PayPal, Bill Ready, Chief Operating Officer of the company, will be able to have the cash transferred to the account within "minutes", maximum "half an hour for some banks." The new fast option to transfer money to your account will cost you a quarter of a dollar.
The system so far available has a working day and remains free.
great idea...lets hope it rolls out into other continents too!
For now it is only available for united states,I think that after a few months will be Also available in other countries.
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No, who said Cryptocurrency has 1 less quality over "The classic "money.
Paypal has simply decreased the time transfer funds from Paypal account To the bank account.
The Cryptocurrency compared to the Classical money has many advantages such as sending and receiving speeds,and much more.
Cryptocurrency Is little used by the world's population for: insecurity in a new currency ,rapid change of value,little spread in the world.
Over the years Cryptocurrency Like bitcoin, Ethereum Will be used more.
super Idee )