At eBay Investor Day 2022 on Thursday, eBay CEO Jamie Iannone announced the launch of its first digital payments wallet, which will go live in the second quarter.
Iannone said today that eBay is pleased to announce that eBay has launched the first digital wallet that can store cash balances, and customers will soon be able to easily build up a balance in their eBay account to buy their favorite items.
The company did not announce anything specific about crypto payments during the presentation. eBay has previously allowed the sale of NFTs on its platform. Iannone said eBay is “considering adding new payment methods.”
In late February, Iannone told TheStreet that the company is looking into the potential of accepting cryptocurrencies as it aims to become the go-to market for Gen Z and millennials.