Braintree's Bill Ready: Bitcoin Will Impact Mainstream Payments
Braintree's chief executive Bill Ready has followed bitcoin for years, but for most of that time, he saw it as an interesting computer science experiment. Today, however, Ready is convinced that bitcoin has a future in a payments space that's increasingly showing its age. Ready's bullishness on bitcoin doesn't stop there. He wants Braintree, which owns the buzz-generating mobile wallet Venmo, to help take bitcoin mainstream. "We can start to ... take [bitcoin] to the mainstream because we know what it takes to be compliant with regulatory bodies. From a computer science breakthrough to an....
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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....
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....
If PayPal's video hinting at Bitcoin acceptance wasn't enough for the cryptocurrency community, it looks like Braintree will soon be rolling out Bitcoin integration into their One Touch iOS and Android application. The app allows payments to be made swiftly and easily with the user's cell phone, just the same as Bitcoin. For those who may not know, PayPal is the mother company of Braintree. What was once seen as a battle between Bitcoin and PayPal has now been cleared as a partnership, as PayPal is showing public support for the move. CCN. It was announced at TechCrunch Disrupt in San....
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....
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....