Payments Processor Braintree Confirms Bitcoin Integration Rumors

Following weeks of rumors, Braintree has announced that it will soon enable customers to accept bitcoin.
Braintree, 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 post was published at Coin Desk on September 8, 2014.