PayPal subsidiary Braintree to process Bitcoin payments
Online payments platform Braintree will start processing Bitcoin transactions, allowing merchants to accept payments in the crypto-currency.
Online payments platform Braintree will start processing Bitcoin transactions, allowing merchants to accept payments in the crypto-currency.
In an era when consumers' wallets are filled with credit cards, rewards cards, gift cards and other cards, Coin aims to be the universal payment option of choice. But can it stand out in a growing market of smartphone apps, digital wallets and NFC technology?
Several recent IPOs and eBay's US$800 million cash offer for payments startup BrainTree this week highlight what looks like a burgeoning market for tech initial public offerings and mergers and acquisitions.
PayPal's parent company, eBay, plans to acquire payments startup Braintree for approximately US$800 million in cash to enhance PayPal's mobile capabilities.
Facebook is moving ahead with plans to test a new mobile feature to entice more people to buy products while shopping on smaller devices such as iPhones.
A US e-commerce company targeting startups has entered Australia with aims to beat the likes of PayPal and major banks.