eBay payments unit considers accepting bitcoin

|About: eBay Inc. (EBAY)|By:, SA News Editor

eBay (NASDAQ:EBAY), which has been contemplating bitcoin (COIN, OTCQB:BTCS) transactions since last year, may now start to accept the virtual currency at its Braintree payments subsidiary, part of its PayPal unit.

Braintree processes more than $12B in annual payments, including many online and mobile companies like Uber and Airbnb.

eBay and PayPal wouldn't initially accept bitcoin, but that could change over time.