PayPal Announces First Partnerships in Bitcoin Space

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

In a blog post penned by senior director of corporate strategy Scott Ellison, PayPal revealed that online merchants in North America will now be able to accept bitcoin via all three companies through its PayPal Payments Hub – its product that enables its customers to accept credit card, mobile carrier payments and other payment methods through a single integration.

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