Once the customers have placed all the products they want to buy into the cart, they will find a new payment option called Bitcoin. They will be then directed to Coinbase.com to complete the purchase. At the moment, this mode of payment is only limited to people living in US, with intentions from the company for international expansion.
In recent news, PayFast, a South African payment processor, has begun offering Bitcoin as a payment option for more than 30,000 merchant customers, wsj.com reports.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.