Yesterday, the main Web3 business, ConsenSys, revealed that PayPal would be available for US MetaMask users to use inside the app to purchase Ethereum. To put it another way, this indicates that customers will find it simple to purchase NFTs using the most recent PayPal update to MetaMask. Remember that PayPal is now integrated into Metamask, the first Web3 wallet, to enable more seamless transactions. What you should know is as follows.

The top cryptocurrency wallet Metamask has partnered with PayPal to make it simple for users to buy Ethereum inside the Metamask app.

Since a recent upgrade, US users can quickly and easily buy and transfer ETH using PayPal on MetaMask. This update is extremely important because MetaMask is the most popular self-custodial wallet globally among US citizens. Millions of users also frequently explore various apps, including as NFT marketplaces, play-to-earn games, DAOs, DeFi, and the metaverse, utilizing the cryptocurrency wallet.

Furthermore, MetaMask’s removal of the barrier to entry into the digital asset industry will make buying NFTs easier than ever before. Users will soon be able to easily fund their MetaMask wallets so they can make purchases right away.
According to Lorenzo Santos, Product Manager for MetaMask, “This integration with PayPal will allow our U.S. consumers to not only buy cryptocurrency securely through MetaMask, but to simply explore the Web3 ecosystem.”

Re: PayPal
For more than 20 years, the financial technology corporation PayPal has operated an online payment system. The business has employed technology to increase the accessibility, practicality, and security of financial services. Users are free to open an account and link it to either a credit card, checking account, or both. Additionally, the site has merchant accounts in more than 200 regions and over 300 million users.