Latest in Bitcoin

Image credit:

PayPal and Coinbase are partnering to enable Bitcoin payments

Share
Tweet
Share
Save

Sponsored Links

Remember that One Touch mobile payment solution PayPal announced last month? It's ready -- Braintree CEO Bill Ready announced at Disrupt that customers with the PayPal app will have access to mobile payments starting today. The mobile payment platform is the first fruit Braintree has borne since PayPal acquired it last year, but it isn't the last: Ready says his company is laying the foundation for PayPal Bitcoin payments, too.

Ready says that PayPal is partnering with Coinbase to enable a Bitcoin-based payment system. "This would be PayPal's first foray into Bitcoin," he said. "But it's via the Braintree platform." That service is still in the works, he says, and it won't be handled exclusively through PayPal -- merchants interested in using the emerging system will need a Coinbase wallet to accept payments.

Source: TechCrunch
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share
Save

Popular on Engadget

Engadget's Guide to Privacy

Engadget's Guide to Privacy

View
This week in tech history: Android turns 11

This week in tech history: Android turns 11

View
Microsoft invites more people to test very rough Xbox features

Microsoft invites more people to test very rough Xbox features

View
Fitbit is reportedly in the early stages of exploring a sale

Fitbit is reportedly in the early stages of exploring a sale

View
Tilta mods Blackmagic's Pocket Cinema Camera with a tilt screen and SSD

Tilta mods Blackmagic's Pocket Cinema Camera with a tilt screen and SSD

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr