Saturday, December 13, 2014

PayPal announced to Accept BitCoin

 We looking back upon the big incidents about BitCoin of this year, the acceptance of BitCoin of PayPal is one of them.

 PayPal announced to accept BitCoin for the transaction of the digital goods such as the ringtones, games and music.

 This was a very cautious approach to BitCoin, suiting to their conservative and solid stance embracing the innovation.

 They also made the new form of payment accessible to the BitCoin mining equipments seller except the pre seller who asks for the up-front money for a product or service that will be delivered in the future.

 They said the process had begun in the last fall this year with the aids from Braintree and Coinbase.

 We look forward to and are sure this stride of the world class giant payment processor would influence greatly the same and other businesses in the next year as well.



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