Paypal Hires Over 100 Crypto Positions As Global Cryptocurrency Adoption Rises – .

Paypal Hires Over 100 Crypto Positions As Global Cryptocurrency Adoption Rises – .

Payments giant Paypal is hiring more than 100 crypto-related jobs as demand for cryptocurrencies increases. The CEO of Paypal recently revealed the company’s expansion plans, saying, “We continue to be really happy with the momentum we’re seeing in crypto and we’re obviously adding incremental features to it. “

Paypal crypto related jobs

  • Paypal is recruiting more than 100 crypto-related positions as the company prepares to expand its crypto services. According to job postings on the company’s website, there are at least 102 job postings related to cryptocurrency and blockchain technology at the time of writing.
  • While most of the jobs are located in the United States, there are five vacancies for positions in Tel Aviv, Israel, six in Ireland, one in Singapore, one in Hong Kong and five in Guatemala City for the service. money transfer online from Paypal, Xoom.
  • In the United States, 22 jobs are in California; 16 in New York; 13 in Texas; 9 in Arizona; and 8 in Illinois. A few other states have fewer than five jobs posted each.
  • Positions range from Crypto Engineering Managers, Program Managers, Strategy Managers and Blockchain AML Analysis Managers to Investigators, Operations Managers, Crypto Investigators, Crypto Tax Filers and crypto legal directors.
  • Paypal CEO Dan Schulman described during the company’s earnings call last week a number of ways the payments giant is expanding its crypto services, including launching a “super app.” open banking integration, UK expansion and third party wallet transfers.
  • The CEO said:

We continue to be very happy with the momentum we’re seeing in crypto, and we’re obviously adding incremental features to it.

  • The company said in the first quarter that its crypto service showed “very good results.” In April, Schulman said the demand for cryptocurrencies on the Paypal platform was “multiple” initial expectations.
  • Paypal recently increased its weekly crypto purchase limit to $ 100,000 and removed the annual limit altogether. This is a five-fold increase from the previous weekly limit of $ 20,000 and a substantial increase from the annual purchase limit of $ 50,000.
  • A recent report shows that the number of global crypto users reached 221 million in June. The number has grown from 100 million to 200 million in just four months.

What do you think of Paypal’s job postings for over 100 crypto-related positions? Let us know in the comments section below.

Tags in this story

Paypal, paypal crypto, paypal crypto jobs, paypal cryptocurrency, hiring paypal, paypal ireland, paypal jobs, paypal jobs, paypal uk, super app, third party wallets, wallet app, super wallet app

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