Paypal payment company denied rumors about SHIB support – Bits Media

The PayPal customer support service denied the information that has dispersed on social networks about, that the company plans to add support for Shib meme.

Rumors began to spread after that, Like cryptocurrency influenter shiba inu, Using ADROCK on Twitter, asked PayPal: Does the SIB token system accepts as payment? The PayPal support service in comic form advised Adrock, so that his friend of Shiba-Inu breed contacts to discuss the possibility of receiving payments. Tweet caused universal glee among the participants of the SHIBA Inu community, which regarded the message as the readiness of PayPal to receive Shib.

Hello there, thank you for contacting PayPal. I’m aware that you want to know you accept $SHIB as payment. I recommend you to tell your friend to contact us directly via DM so that it would be taken care of. Thanks! ^LKP

— PayPal Support (@AskPayPal) February 11, 2023

Later representatives of the payment system clarified, that PayPal customer support specialist misunderstood the initial question. PayPal apologized for confusion, stated, what Shib does not accept. Now customers from the United States can buy and sell only four cryptocurrencies on the platform: BTC, ETH, LTC и BCH.

I apologize for the confusion caused. Unfortunately, we don’t accept SHIBA. Customers in the US can buy, sell and hold four different Crypto on PayPal: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. For any additional assistance, please send us a DM with your email address. ^KSV

— PayPal Support (@AskPayPal) February 12, 2023

Recall, that the PayPal system entered the digital assets market in the fall 2020 of the year. In December 2022, the company said, that I received a permission of the regulators to provide cryptocurrency services in Luxembourg. However, this year, the volume of client crypto assets, stored on PayPal accounts, significantly reduced due to the collapse of the FTX trading platform.