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Topic: [2014-08-15] PayPal Subsidiary Braintree in Talks with Coinbase to Accept Bitcoi (Read 1075 times)
August 15, 2014, 05:19:37 AM
August 15, 2014, 05:01:58 AM
http://www.coindesk.com/paypal-subsidiary-braintee-talks-coinbase-accept-bitcoin/
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.
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.
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