in ,

Crypto.com Nets Ex-PayPal Exec to Increase Merchant Cryptocurrency Adoption


Fledgling merchant network Crypto.com wants to expand the scope of its offerings using ex-PayPal exec Tyson Hackwood’s expertise.

Hong Kong-based cryptocurrency payment platform Crypto.com has hired a former PayPal executive, the company confirmed in a press release Dec. 11.

Tyson Hackwood will join the crypto firm as its senior vice president and head of global merchant acquisition. Crypto.com, which came into being after cryptocurrency debit card provider Monaco acquired the domain name for a reported $10 million in July, seeks to increase consumer and merchant adoption for point-of-sale (PoS) transactions.

Hackwood was previously head of the Australian branch of PayPal Here, the company’s own PoS division, followed a role as head of Asia Pacific for mobile and web payment offshoot Braintree.

“As we develop the Crypto.com Chain to fulfil the current industry need to pay and be paid in crypto, Tyson…



Read Full Story : Cointelegraph.com News

2018-12-11 15:05:00

What do you think?

0 points
Upvote Downvote

Written by Cointelegraph

Square Overtakes Coinbase As Bitcoin Dominance Rises

‘Revolutions Don’t Happen Overnight’: Why Mike Novogratz isn’t Giving up on Bitcoin