MyDoge Wallet plans to implement PayPal-like escrow service

According to the Daily Planet, MyDoge Wallet Chief Technology Officer Alex Lewis said that the company has implemented some applications to become a PayPal-like custodial service. This means they will allow users to hold currency balances on the platform, which can be used for payments or tips. Lewis also said that users can connect their bank accounts directly to websites that can be used for payments, or they can have a Dogecoin balance and use it to pay fees or tip on the platform. These functions may be implemented in the future.