Comment on PayPal Kinda, Sorta Starts Accepting Bitcoin As Payment But Only For A Very Select Group

PayPal Kinda, Sorta Starts Accepting Bitcoin As Payment But Only For A Very Select Group

(BTC keychain)A very select group of merchants who use PayPal now have another option when it comes to receiving payments. The digital wallet company will soon offer digital goods sellers the ability to accept bitcoin as payment through its Payments Hub service. The Wall Street Journal reports that PayPal partnered with bitcoin payment processing firms BitPay, Coinbase and GoCoin to allow merchants selling digital games, music files, eBooks and apps to take the virtual currency as payment. Additionally, the new arrangement does not mean consumers can use bitcoin as a currency of choice in their PayPal wallets.

 

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