“Nearly a year after PayPal acquired it in an all-cash $800 million deal, online and mobile payments platform Braintree is unveiling one-touch payments and is integrating Bitcoin. They’re partnering with Y Combinator and Andreessen Horowitz-backed Coinbase to enable Bitcoin-based payments. ‘This is PayPal making a move to embrace Bitcoin,’ Ready said, pointing out that Braintree is the go-to developer platform for PayPal. Developers who have integrated Braintree’s software development kit will also be able to add Bitcoin to their payment methods. The integration will support instant exchanges, meaning that the merchant doesn’t have to handle Bitcoin directly.”
http://techcrunch.com/2014/09/08/paypal-braintree/
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