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PayPal allows Bitcoin and crypto spending

PayPal has entered the cryptocurrency market, announcing that its customers will be able to buy and sell Bitcoin and other virtual currencies using their PayPal accounts. Those virtual coins could then be used to buy things from the 26 million sellers which accept PayPal, it said. PayPal plans to roll out buying options in the US over the next few weeks, with the full rollout due early next year. Bitcoin prices rose alongside the news, breaking the $12,000 (£9,170) mark. The other cryptocurrencies to be added first will be Ethereum, Litecoin, and Bitcoin Cash (a spin-off from Bitcoin). All could be stored "directly within the PayPal digital wallet", the company said. 'Penny stocks' Cryptocurrencies have remained a niche payment method, partly down to the rapid change in prices they can experience compared with traditional state-backed currencies. That has made them popular among some types of investors. PayPal said it was aiming "to increase consumer understandin...

PayPal Best Offer Of The Year

Offer buy now, pay later options to your customers – at no additional cost to you. Get StartedContact Sales Talk to a payments specialist to get started,  855-787-1014 . Give customers more ways to buy. Pay in 4 and PayPal Credit 1  are included in PayPal Checkout, so you can start offering customer financing immediately. A win for your customers. Payment flexibility You get paid up front, while your customers pay later. Interest-free choice With Pay in 4, your customers can pay over time, and there’s no hidden cost. Access to financing Pay later options through PayPal, the brand they know and trust. Purchasing power With the ability to spread payments over time, purchases become more affordable. A win for your business. Increased sales Give shoppers more spending power and you can help boost your average order values. No additional costs Pay later offers are included in your existing PayPal rate. 2 Easy promotion Add dynamic pay later messaging to your site with a single inte...

"Don't spend money you don't have" and "don't be afraid to be an asshole," architects advised

Getting paid on time, finding time to have children and dealing with long-hours culture were among topics discussed by executives from  BIG ,  Zaha Hadid Architects  and  Design Haus Liberty  at a business talk hosted by Dezeen in London last month. "Don't hand over your drawings if the client hasn't paid," was the first tip provided by BIG's chief executive Sheela Maini Søgaard, who revealed that she got her job 10 years ago by scrawling this and two other snippets of advice on a napkin during her first meeting with BIG founder  Bjarke Ingels . "Bjarke said he was having trouble with clients who weren't paying the bills," recalls Søgaard, who previously worked in the food industry, including a stint with celebrity Danish chef Claus Meyer. "So I just wrote three things down on a napkin," she added, saying she found time between child-nursing duties to meet Ingels in Copenhagen on the suggestion of a mutual fr...

Let Your Valentine Steal Your Heart -- but Not Your Money

Love is in the air every Valentine's Day, but not all suitors have pure intentions. Here's what to watch out for to ensure you don't fall victim to this romance scam. Matthew Cochrane ( CMFCochrane ) Basically, all scams appeal to some combination of two emotions: greed and fear. By playing on these emotions, a good con artist can often convince even the most skeptical people to forgo their better judgement when asked to part with their hard-earned money. The typical romance scam, though, is even more sinister: It plays on the victim's lonely heart as well. People tend to think these cons only work on lonely old ladies, but that stereotype is far from factual. As an economic-crimes detective, I have learned that loneliness transcends class, race, age, or sexual orientation. IMAGE SOURCE: GETTY IMAGES. Unfortunately, this kind of sting is fairly common. In 2015,  the FBI reported  it had received complaints from more than 12,000 victims who had suffered nearly $2...

Anger Grows at PBOC’s Interference with Bitcoin

Following yet another sharp price drop due to the secretive, closed-door and private actions of China’s Central Bank, the bitcoin community turned today to angry rhetoric directed at PBOC. “You can’t live in a fascist state and not expect the fascist state to come bursting through your door to slap you around, every now and then.” – says one bitcoiner. “I am about sick of China.” – says another. “It’s safe to say that China is going to keep saying something every time Bitcoin gets close to the value of Gold.” – says a third. PBOC stands accused of taking measures against bitcoin every time price rises. Just as bitcoin surpassed gold parity, they  announced  the opening of an “investigation” into China’s big three exchanges: BTCC, OKCoin and Huobi. Price fell sharply by around $300, but then slowly recovered, increasing by around $170 from the beginning of this month to reach around $1,070. PBOC again interfered. Telling Bloomberg they were to hold a  clo...

Don't Waste Money on Intel's Top Processor

Image: Alex Cranz/Gizmodo It’s time to replace your computer. Maybe it was purchased during the last Republican administration, or you ruined it was a spilled drink, or maybe you’ve just got some money to burn and you’d like to blow it on Intel’s  new Kaby Lake microarchitecture . Whatever the reason, you’re ready to upgrade your computer, and you’re going to be left with a big choice. Do you spend the extra cash for the categorically faster i7 processor, or do you pinch a few pennies and go with the i5. After running both processors (the 4.5GHz i7-7700K and the 4.2GHz i5-7600K) through the ringer in a computer that was otherwise the exact same, we can say, without a doubt, that you should save your money. For most people the i7 just isn’t worth it. Intel introduced the i7 and i5 brands back in 2007 as a way of guiding customers. The i5 was for “mainstream” use and the i7 was for “high-end” and business use. Spend...

EBay's founder just invested $500,000 in an experiment giving away free money

Chris Weller EBay founder and chairman Pierre Omidyar in Delaware, December 7, 2009. REUTERS/Tim Shaffer Omidyar Network, the philanthropic investment arm started by eBay founder Pierre Omidyar,  has invested  $493,000 into an experiment giving people in Kenya free money. The experiment, put on by the charity GiveDirectly, tests an up-and-coming solution to poverty known as basic income. People under basic income receive a set amount of money on a regular basis to cover expenses like rent, food, and clothing. GiveDirectly is running a small pilot in just a few Kenyan villages at present, but once the full experiment launches in a few months it will be the largest basic income experiment in history. More than 26,000 people will receive free money in some form, whether it's for a period of 12 years, just a couple, or in a lump sum or spread out. Not much long-term research on basic income exists, but the studies that have been performed  suggest only good comes ...

10 US colleges that could lose the most money from Trump's immigration ban

 President Donald Trump signed an executive order that bars citizens of Iran, Iraq, Libya, Somalia, Sudan, Syria, and Yemen from entering the US for 90 days and all refugees for 120 days. Opponents of the ban worry that the temporary travel ban will turn into a permanent one. Around the nation, news has emerged of college students from the affected countries  not being able to get back into the US . Aside from the personal hardship the ban has been seen to cause, it may also have a big effect on the bottom line at certain American colleges, according to estimates provided to Business Insider from  College Factual, a higher education data analytics and research company . International students can pay up to three times more than in-state students at public universities,  Business Insider's   Tanza Loudenback reported in September , citing data from SelfScore, a company providing financial services to international students. Foreign students effectively subsid...