Payments Processor Braintree Confirms Bitcoin Integration Rumors
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....
Related News
Following up on news from last month that noted that eBay subsidiary Braintree Payments was exploring a bitcoin integration comes the news that the payment company has partnered with San Francisco-based Coinbase. The partnership will allow Braintree's portfolio of clients to accept bitcoin on a number of different devices. According to Coinbase, "Developers at Coinbase and Braintree will be working together closely to complete the integration in the next few months." The first to announce the news was Braintree CEO Bill Ready at TechCrunch Disrupt - a popular event in the technology....
Despite several reports claiming that Uber is already starting to accept bitcoin payments, the company firmly denied these updates. Uber clarified that it is not yet considering bitcoin payments integration even with its long-term plans. These rumors started swirling after BrainTree, a payments processor company, mentioned that it would allow its merchants to accept bitcoin should they choose to do so. Just recently, a Reddit user shared an interaction with an Uber help desk representative that was misinterpreted to mean that the company was considering bitcoin integration. Bitcoin....
Braintree has responded to questions about US merchant adoption of its development kit and clarified that customers can only pay in bitcoin through a Coinbase account. Merchants who use the payments software platform Braintree in the US can enable bitcoin payments through Coinbase starting today. Braintree said that it had integrated Coinbase into its software development kit, which it calls v.zero. This means that merchants who use the kit can now enable bitcoin payments quickly, Braintree said. "Bitcoin is growing in popularity for consumer and merchants alike ... the number of companies....
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....