What were the main challenges faced by Square and PayPal in integrating cryptocurrencies in 2017?

1 answers

• Dec 19, 2021 · 3 years ago
  In addition to the challenges mentioned above, Square and PayPal also had to deal with the perception and reputation of cryptocurrencies. At the time, cryptocurrencies were often associated with illegal activities, scams, and market manipulation. Square and PayPal had to address these concerns and build trust among their users and the general public. They had to implement robust security measures to protect against fraud and hacking attempts, as well as educate their users about the benefits and risks of using cryptocurrencies. Building trust and changing the perception of cryptocurrencies was a significant challenge that Square and PayPal had to overcome in order to successfully integrate cryptocurrencies into their platforms.
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