WePay CEO: Crypto is ‘Interesting’, But Customer Demand Just Isn’t There

[kreslik.news]

Bill Clerico, CEO of WePay (a subsidiary of JPMorgan Chase & Co. since October 2017), told Bloomberg that because his company is client-focused, Bitcoin would be included on the WePay platform if enough people asked for it.

However, Clerico said that although ‘crypto is very interesting,’ the demand simply isn’t there. He added that a Bitcoin’s ‘killer use case’ has yet to be discovered.

In an email to Bloomberg sent late last year, Amanda Christine Miller (a spokeswoman for PayPal) share similar sentiments: “if consumer demand increases for any new form of currency, we will consider ... (read more)