PayPal integrates Bitcoin processors BitPay, Coinbase and GoCoin for merchants in the US and Canada

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PayPal today announced partnerships with three leading Bitcoin payment processors: BitPay, Coinbase and GoCoin. The eBay-owned company wants to help digital goods merchants accept Bitcoin payments, although it is starting with those located in the US and Canada first (“We are considering expanding to other markets,” a PayPal spokesperson told TNW. “Stay tuned.”) PayPal says it chose to integrate the third-party functionality directly in the PayPal Payments Hub because the aformentioned trio already offers its customers protections when dealing with the virtual currency. The company envisions anything that can be obtained digitally, such as video games and music, being sold...


This story continues at The Next Web


The post PayPal integrates Bitcoin processors BitPay, Coinbase and GoCoin for merchants in the US and Canada appeared first on The Next Web.






from The Next Web http://thenextweb.com/insider/2014/09/23/paypal-integrates-bitcoin-processors-bitpay-coinbase-gocoin-merchants-us-canada/

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