"The mobile payment processing arm of eBay (EBAY)-owned company PayPal announced on Monday that it will be allowing its merchants to use the digital currency bitcoin (:BTC=). Related Stories
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The subsidiary, called Braintree, currently has clients like Uber, Stubhub and Airbnb and the move will allow these startups to start offering the virtual currency as a payment option on any mobile device.
Officially launched at the TechCrunch Disrupt event in San Francisco, Braintree CEO Bill Ready wrote on the company website Monday that he was focused on giving merchants flexibility and freedom of choice. "
(Via.) Yahoo Finance