65% of PayPal customers surveyed are willing to use bitcoin as a means of payment

65% of customers of the payment company PayPal said they are ready to pay with bitcoins for goods and services in 28 million retail outlets. This is evidenced by a survey of the Japanese Bank Mizuho’s investment division in the United States.

A fifth of customers has already tried to trade bitcoins in the PayPal app.

On average, bitcoin traders were three times more likely to use the service than other clients, had higher account balances, and were more interested in additional features, such as paying by QR-code.

Based on these observations, Mizuho Securities USA estimated the target price of PayPal shares to be 35% higher than current values.

“Bitcoin is growing, including at the expense of PayPal and Square, which buy it in large volumes,” CNBC writes senior market commentator Michael Santoli, who shared the report.

Earlier, Pantera Capital experts said that bitcoin’s support by the payment company PayPal affects the deficit of the first cryptocurrency and the growth of its price.

Author: Steve Cowan
Graduated From Princeton University. He has been at the Free Press since October 2014. Previously worked as a regional entertainment editor.
Function: Chief-Editor
E-mail: Great7news@gmail.com