“Two payments companies, Square and Stripe, have said in recent days they are working with the virtual currency bitcoin, lending support to the idea that the bitcoin technology could be used to improve the way money is transmitted.  Square said Monday it would begin accepting bitcoin for products ranging from coffee beans to chairs on Square Markets, its online marketplace. Last week, Stripe said it had launched its first test of bitcoin payments that will allow the online back-up services company Tarsnap to accept bitcoin.  Bitcoin transactions in February averaged $68 million a day, compared with daily averages of $225 million for Western Union and $492 million for PayPal.”

http://blogs.marketwatch.com/thetell/2014/04/04/bitcoin-could-get-boost-from-square-and-stripe-moves/

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