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.
Anyone who doubted the seriousness of those comments in the media may be swayed if a partner business as close as Braintree began accepting bitcoin, demonstrating its utility on a slightly smaller scale than the two online giants. It could also represent a foot in the door for future acceptance.
Partners in disruption
Thanks to its formal partnership with PayPal, also an eBay subsiduary, Braintree now serves 40 countries and 130 different currencies.
It provides a solution for mobile based and other online businesses to accept credit card payments directly from their apps and sites, supplying both the payment processor and merchant account in one package.
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