PayPal Announces First Partnerships in Bitcoin Space


PayPal has announced partnerships with the three largest payment processors in the bitcoin space – BitPay, Coinbase and GoCoin.

Scott Ellison, Senior Director of Corporate Strategy at PayPal:

We believe digital goods merchants will be excited to work with these industry-leading companies to sell ringtones, games and music and get paid with bitcoin.

It's small, but it's a start.