PayPal to accept Bitcoin payments in coming monthsSeptember 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 | Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. “By Your Side”: IDBank's new support program for displaced Artsakh citizens IDBank is launching a long-term social support program for forcibly displaced Artsakh residents. The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. |