Jean-Baptiste Graftieaux, PayPal CCO, left his position at the global payments company to move to Bitstamp.
Bitcoin integration will help PayPal to study bitcoin merchants behaviour on its e-commerce patform PayPal Payments Hub.
In addition to bitcoin, PayPal made litecoin and dogecoin payments available for its merchants through GoCoin payment processor.
Bitcoin rose to its highest level since September 18th, following PayPal’s announcement about bitcoin integration.
PayPal has announced partnerships with three major payment processors in the bitcoin space – BitPay, Coinbase and GoCoin.
A subsidiary of PayPal, Braintree, announced it will soon allow its users to pay with bitcoin.
Braintree, a subsidiary of PayPal and eBay, is in now negotiating with Coinbase about the future bitcoin integration.