PayPal to accept Bitcoin payments in coming months September 10, 2014 - 16:14 AMT PanARMENIAN.Net - eBay has announced that its PayPal service will add support for Bitcoin transactions over the coming months, Digital Spy reported. The move will open up the virtual currency to PayPal's 152m registered users and allow merchants to accept it as legal tender. Bitcoin PayPal transactions have been made possible by eBay-owned system Braintree, the same platform that makes powers Airbnb and Uber payments. "We're announcing PayPal's first foray into Bitcoin," Bloomberg quotes Braintree head Bill Ready as saying. "Over the coming months we'll allow our merchants to accept Bitcoin. On the consumer side, it will be a sleek experience." The move follows Apple's entry into the world of tap-to-pay transactions with the launch of its NFC-ready Apple Watch, a development that will bring virtual currencies a step closer to mainstream use in the real world. The value of the Bitcoin currency has fluctuated this year following the collapse of the world's largest exchange MtGox in March.  Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."   Partner news Most popular in the section |  Latest news Narek Manasyan wins European Boxing Championships silver for Armenia  Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28.Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia.Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports.Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. |
