Braintree’s bitcoin API is now available to merchants in beta

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PayPal’s developer arm Braintree has finished its initial integration work with Coinbase, and is opening up a beta program to its online merchants and mobile developers who want to start accepting bitcoin payments. No word yet on specific companies that have signed up for the beta, but Braintree has an impressive customer base of e-commerce and mobile app startups, including Airbnb and Uber. PayPal has made bitcoin an option for certain transactions to its various sellers, but, as my colleague Biz Carson points out, the payments giant is moving cautiously when it comes to cryptocurrency.

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