eBay and PayPal to Accept Bitcoin Payments through Braintree
In their recent SEC filing, eBay and PayPal confirmed plans to allow merchants with a standard account to accept bitcoin payments through third-party processor Braintree. This company was acquired by eBay for $800 million in September 2013 and will now be part of PayPal Holdings. In the same SEC filing, eBay and PayPal have announced the formation of a new corporation called PayPal Holdings that will take over the businesses in eBay's payments segment. Meanwhile, eBay will continue to operate its marketplace business as a publicly traded corporation. "As two distinct publicly traded....
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New reports this Thursday evening indicate that eBay subsidiary Braintree Payments may be looking to integrate bitcoin acceptance in the very near future, according to the Wall Street Journal. Braintree Payments operates as a unit of PayPal (which eBay owns), and the word is that PayPal executives have been meeting with bitcoin payment processors like Coinbase to facilitate bitcoin transactions on the Braintree network, according to people familiar with the matter. Despite the meetings, no agreements of any sort have been reached. As for eBay and PayPal, there hasn't been any word on....
Payments firm Braintree, a subsidiary of eBay and PayPal, is "in talks" with Coinbase and several other processing companies on the possibility of accepting bitcoin, according to a Wall Street Journal report. Braintree provides payments software for a number of popular mobile applications including Uber, Airbnb, and GitHub. The company, which was acquired by PayPal for $800m in December last year, was processing up to $12bn in payments annually at the time - $4bn of that via mobile apps. No matter which bitcoin processor Braintree may choose, accepting digital currency would represent....
Following weeks of rumors, Braintree has announced that it will soon enable customers to accept bitcoin. Braintree, a subsidiary of eBay-owned PayPal that was acquired for $800m in 2013, revealed on its blog that it intends to release a software development kit (SDK) that developers and merchants can use to add bitcoin to their existing payment methods. The integration is the result of a partnership with Coinbase, which was first reported to be in talks with Braintree about a potential partnership this August. Further, the news was officially announced at TechCrunch Disrupt San Francisco....
After a short Paypal video talking about mobile payment systems that briefly mentioned using Bitcoin for the aforementioned payment systems, Braintree has now confirmed the rumors of Bitcoin integration. Timing seems all too well if you consider that Apple also released their new iterations of products, including and Apple payment system. Braintree is owned by Paypal, which also happens to be owned by eBay, so the possibility of finally using Bitcoin for eBay transactions may finally come true. Braintree also supports many other startups, one prominent startup being Uber, so the ability to....
Braintree — a subsidiary of Paypal — announced its partnership with Coinbase last fall, confirming rumors of Paypal getting involved with Bitcoin. Now, Braintree has created a v.zero SDK as an open platform, giving merchants access to the most sophisticated payment tools and the most relevant payment methods via a single integration. Currently, Coinbase is one of the main Bitcoin payment processors, handling about 2.2 million wallets and 38,000 merchants globally. Braintree is a paypal company which lets companies all over the world accept payments online and make purchases easily. The....