PayPal Competes With Bitcoin For Marketshare Among Indian Freelancers

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For freelancers, the primary objective is to receive funds on time, and in a convenient manner. Bitcoin seems to address a lot of concerns in this regard, as it is a global payment option. But in India, there is still competition from PayPal, as they launched a new P2P service recently. Competition is good, as it will benefit the consumer in the end. Moreover, this goes to show the importance of peer-to-peer payments.

Working as a freelancer opens up a lot of exciting opportunities. One can work for anyone else in the world, as long as they offer a convenient payment method. International wire transfers are becoming a thing of the past quickly. Freelancers and enterprises are using newer forms of money transfer, including Bitcoin and PayPal.

Freelancers Are Better off With Bitcoin

Speaking of the latter company, they recently launched a new peer-to-peer payment initiative., as this service is called, seems to be gaining traction in India as of late. Instead of remembering complicated payee details, employers can make a payment through a convenient web URL. On paper, it makes a lot of sense for freelancers to use this payment option as well.

One thing the service does

Read more ... source: NewsBTC USA

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