Topic: [2014-08-18] eBay in Talks to Facilitate Bitcoin Transactions for a Paypal Subsi (Read 729 times)
August 18, 2014, 07:19:40 AM
I wonder if ebay is just testing the waters with this smaller company just to see if they want to go ahead fully and integrate it into ebay. I think getting ebay involved would be huge.
August 18, 2014, 05:24:33 AM
http://www.savingadvice.com/articles/2014/08/16/1026980_ebay-in-talks-to-facilitate-bitcoin-transactions-for-a-paypal-subsidiary.html
As more and more companies accept Bitcoin, the fact that these companies do accept the virtual currency gives it more credibility as a legitimate currency for transactions. The latest news reported by the Wall Street Journal is that eBay is in talks with a number of different companies looking at ways Bitcoin transactions could be integrated into the Braintree payment system at Paypal. If this could be accomplished, it would make it possible for Bitcoin to be accepted for such transactions as Airbnb rentals or Uber taxi rides. There is no intention of integrating Bitcoin into Paypal or eBay where these two companies would also accept them, just possibly the Braintree subsidiary.
As more and more companies accept Bitcoin, the fact that these companies do accept the virtual currency gives it more credibility as a legitimate currency for transactions. The latest news reported by the Wall Street Journal is that eBay is in talks with a number of different companies looking at ways Bitcoin transactions could be integrated into the Braintree payment system at Paypal. If this could be accomplished, it would make it possible for Bitcoin to be accepted for such transactions as Airbnb rentals or Uber taxi rides. There is no intention of integrating Bitcoin into Paypal or eBay where these two companies would also accept them, just possibly the Braintree subsidiary.
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