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Author Topic: Now PayPal accounts can be funded with Bitcoin  (Read 4709 times)
omarabid
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October 19, 2015, 10:39:59 AM
 #81

it'll work only if you have a paypal account that can receive "commercial" payments. The support was very quick to refund though.

so you need to run a business or something? i'm udnerstading this right? this will be a very high limit...

I'll let it to a support stuff to confirm that!
TwinWinNerD
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October 19, 2015, 12:57:32 PM
 #82

it'll work only if you have a paypal account that can receive "commercial" payments. The support was very quick to refund though.

so you need to run a business or something? i'm udnerstading this right? this will be a very high limit...

No, but there are countires, where PayPal customers cant receive any transfers at all.
If you can receive money on PP you can use the service Smiley

troleybüs
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October 19, 2015, 01:21:34 PM
 #83

So basically they sell Bitcoin for Paypal funds, am I right? Because you don't need a 3rd party site if Paypal really accept Bitcoin as their currencies.
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October 19, 2015, 01:22:18 PM
 #84

This is not good like it sounds. It is not direct support.
But in the end, Paypal will support Bitcoin, wait for it.
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October 19, 2015, 01:26:23 PM
 #85

This is not good like it sounds. It is not direct support.
But in the end, Paypal will support Bitcoin, wait for it.

Yes I have been waiting for such a direct support from paypal last 2 years. Now a days you can easily fund your payza account with bitcoin. Same thing will be supported by paypal if they really believes in bitcoin growth. I expect by 2016 we will have such a service.
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October 19, 2015, 01:38:45 PM
 #86

The 50€ daily limit for Bitcoin to PayPal has now been lifted!

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October 19, 2015, 04:35:50 PM
 #87

why I funded my paypal account with my bitcoins? I can not even use my paypal balance in anywhere, but I can use bitcoin where I want. Also I can exchange my bitcoin easily too.
do you ever shopping dude? almost all online shop / stores around the world accept paypal , i've seen just few online stores that accept paypal,that's why its a good news

I nmy country, there are a little options to use paypal and I do not to use my paypal account for my neccesities. I prefer to use bitcoin. But you are right paypal is an options to improve bitcoin world.

Is PayPal restricted in Turkey ? Does not Turkey have any good online shopping portal ?

No, there is not any restriction in here. There are so many online shops to use paypal, but I said I spend my bitcoin not only shopping, but also my other things. For me, bitcoin is more useful than paypal.

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October 19, 2015, 06:40:52 PM
 #88

The 50€ daily limit for Bitcoin to PayPal has now been lifted!

to how much? the website don't report anything about it
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October 19, 2015, 06:46:20 PM
 #89

I will prefer to wait to see more feedback and experience of the users who tried this service before jump in for.There are still things people are discussing here.Anyway if it will work perfectly it will be great ease for people to use both Bitcoin and PayPal freely in future.


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October 19, 2015, 06:56:02 PM
 #90

Would be great to see it working. The more easy it is to exchange BTC into a more regular and accepted money, the more users will be attracted.


omarabid
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October 19, 2015, 06:57:45 PM
 #91

The question is, will PayPal still hold its position in the coming years.

It seems that their growth is stopping: http://www.statista.com/statistics/277841/paypals-total-payment-volume/
TheGr33k
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October 19, 2015, 07:20:20 PM
 #92

Coinimal, a Vienna based company, now allowing PayPal EUR accounts to be funded with Bitcoin & NXT.

https://www.coinimal.com/trades/sell/paypal

I can see how some people may find this useful, but to me it sounds like taking something beautiful and exchanging it for something less valuable.
TwinWinNerD
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October 19, 2015, 07:25:20 PM
 #93

Coinimal, a Vienna based company, now allowing PayPal EUR accounts to be funded with Bitcoin & NXT.

https://www.coinimal.com/trades/sell/paypal

I can see how some people may find this useful, but to me it sounds like taking something beautiful and exchanging it for something less valuable.

this isnt a question about beauty. If you need to pay for an ebay order, you need paypal...

Mickeyb
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October 19, 2015, 07:28:19 PM
 #94

The 50€ daily limit for Bitcoin to PayPal has now been lifted!

to how much? the website don't report anything about it

So all this time there was a limit of only 50 euros? That's quite small amount. Glad to see its been lifted. How much is the limit now?
TwinWinNerD
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October 19, 2015, 07:30:17 PM
 #95

The 50€ daily limit for Bitcoin to PayPal has now been lifted!

to how much? the website don't report anything about it

So all this time there was a limit of only 50 euros? That's quite small amount. Glad to see its been lifted. How much is the limit now?
The 50€ daily limit for Bitcoin to PayPal has now been lifted!

to how much? the website don't report anything about it

So all this time there was a limit of only 50 euros? That's quite small amount. Glad to see its been lifted. How much is the limit now?

Its the normal limits now. So 1000€ per day for an unverified account.

It was at 50€ becasue we were not able to process the huge volume of orders anymore. Now its ok again

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October 19, 2015, 07:33:31 PM
 #96

The 50€ daily limit for Bitcoin to PayPal has now been lifted!

to how much? the website don't report anything about it

So all this time there was a limit of only 50 euros? That's quite small amount. Glad to see its been lifted. How much is the limit now?
The 50€ daily limit for Bitcoin to PayPal has now been lifted!

to how much? the website don't report anything about it

So all this time there was a limit of only 50 euros? That's quite small amount. Glad to see its been lifted. How much is the limit now?

Its the normal limits now. So 1000€ per day for an unverified account.

It was at 50€ becasue we were not able to process the huge volume of orders anymore. Now its ok again

Oh OK, so it was only a temporary limit! Good to hear since I have told some of my friends bitcoiners that are not so active on forums about your service. They have said that they will check it. I don't want them to come back yelling at me for wasting their time with a Paypal service that's limited to only 50 euros!
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October 20, 2015, 03:09:16 PM
Last edit: November 01, 2015, 08:03:34 AM by RKing
 #97

The question is, will PayPal still hold its position in the coming years.

It seems that their growth is stopping: http://www.statista.com/statistics/277841/paypals-total-payment-volume/

Paypal will hold its position if it integrates bitcoin and charge less fee for bitcoin use. It can still be in front of competition.
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October 28, 2015, 07:08:17 PM
 #98

The question is, will PayPal still hold its position in the coming years.

It seems that their growth is stopping: http://www.statista.com/statistics/277841/paypals-total-payment-volume/

Paypal will hold its position if it integrates bitcoin and charge less fee for bitcoin use.
PayPal can not integrate it without changing their policy, as PayPal is reversible in nature.

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TwinWinNerD
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November 30, 2015, 07:58:20 PM
 #99

Just wanted to update here and say that our PayPal integration is a smashing success and it works flawlessly. We made customers all around the world happy!

If you want to check it out too: https://www.coinimal.com/trades/sell 
(1000€ limit per day without verificaiton)

newcoins1978
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November 30, 2015, 10:47:43 PM
 #100

The service seems to be perfect. Since paypal is one of the competitors.

However their contact page links to an email adress. I don't trust those kind of things.

Why is there no address?
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