Share this article
Payments Processor Braintree Confirms Bitcoin Integration Rumors
PayPal subsidiary Braintree has partnered with Coinbase to begin accepting bitcoin payments.
By Pete Rizzo
Updated Apr 10, 2024, 2:42 a.m. Published Sep 8, 2014, 7:25 p.m.
Following weeks of rumors, Braintree has announced that it will soon enable customers to accept bitcoin.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
, a subsidiary of eBay-owned PayPal that was acquired for $800m in 2013, revealed on its blog that it intends to release a software development kit (SDK) that developers and merchants can use to add bitcoin to their existing payment methods.
The integration is the result of a partnership with Coinbase, which was first reported to be in talks with Braintree about a potential partnership this August. Further, the news was officially announced at TechCrunch Disrupt San Francisco during a talk given by Braintree CEO Bill Ready.
Ready told TechCrunch:
“This is PayPal making a move to embrace bitcoin."
The official announcement also followed a teaser video that caused a stir in the bitcoin community today issued by PayPal itself and suggesting that Braintree's parent company may move to accept bitcoin.
Coinbase indicated that developers at Coinbase and Braintree will be working together closely over the next few months to complete the integration. No formal timeline for the official launch date was given.
Early access
In its blog post regarding the announcement, Coinbase indicated that Braintree businesses will need to open a new merchant account with Coinbase in order to complete the integration upon its release.
However, Braintree merchants that want to get in early on the opportunity can move to contact Coinbase now through a dedicated email address. Further, Coinbase indicated that it will also disseminate future news relating to the launch through this mailing list.
As previously noted, the mobile payments processor supports thousands of high-tech startups, including notable brand names such as Airbnb, Dropbox, Hail-O, Hotel Tonight, LivingSocial, OpenTable, TaskRabbit and Uber and more.
Hat tip to TechCrunch
Braintree offices image via Fast Company
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin Rebounds to $93K From Post-Fed Lows, but Altcoins Remain Under Pressure
Downward pressure on bitcoin is losing steam, with the market stabilizing but not yet out of the woods, said one analyst.
What to know:
- Bitcoin rebounded from a sharp early selloff on Thursday to trade above $93,000 shortly after the close of U.S. stocks.
- The late-day gain in bitcoin came alongside a rebound in the Nasdaq from big morning losses; the tech index closed with just a 0.25% loss.
- Downward pressure on bitcoin is losing steam, said one analyst, but the market is not yet out of the woods.
Top Stories
