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Old 09-23-2014, 12:58 PM  
jscott
So Fucking Banned
 
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Join Date: Feb 2001
Location: Taipei
Posts: 25,198
Paypal first official partnerships with bitcoin companies

Been waiting for this, price jumped about $40 in an hour

http://www.coindesk.com/paypal-annou...bitcoin-space/

Quote:
PayPal has announced partnerships with the three largest payment processors in the bitcoin space ? BitPay, Coinbase and GoCoin.

Though the online e-commerce pioneer stopped short of integrating bitcoin into its digital wallet or payment processing services directly, the move marks PayPal?s first formal offering to the bitcoin community.

In a blog post penned by senior director of corporate strategy Scott Ellison, PayPal revealed that online merchants will now be able to accept bitcoin via all three companies through its PayPal Payments Hub, its product that enables customers to accept credit cards, mobile carrier payments and other payment methods through a single integration.

Ellison lauded BitPay, Coinbase and GoCoin for their commitment to ensuring consumer protections on their platforms, while suggesting that the offering will appeal to a number of its key customer groups, writing:
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