Paypal CEO Dan Schulman says Crypto Wallet App is “code complete”

Paypal has confirmed that the wait for the proposed supplementary crypto features it intends to add to its application may not be as tedious as we expected.

CEO of the payment solution platform, Dan Schulman claims that its crypto wallet is already “code complete” and could be available to customers in the USA in the coming months.

Citing a report by Cointelegraph, Paypal’s crypto wallet will support high yield savings, quick direct deposit, in-App Messaging feature, and “additional crypto capabilities”.

Dan Schulman maintained that every wallet on its platform will be “unique, driven by advanced AI and machine learning capabilities.”

In its Q2 2021 report, Paypal said it has 403 million active accounts on its platform with 43.5 Payment Transactions per Active Account.

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