Kittens meet puppies for the first time, what could happen?

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Pellentesque at lobortis eros. Suspendisse ac pellentesque nulla. Duis suscipit bibendum ultricies. Quisque lacus arcu, malesuada ut orci non, dignissim consectetur nibh. Integer dictum pretium leo, id convallis enim sollicitudin eu. Fusce hendrerit tellus urna, at elementum ante ultricies at. Sed blandit mi quis odio venenatis cursus. Curabitur nec consectetur neque, eget interdum massa. Praesent nulla enim, accumsan eu gravida nec, imperdiet nec magna. Nulla facilisi. Etiam varius, lectus sed venenatis ornare, eros arcu tincidunt orci, id aliquam quam ipsum quis neque. Nullam aliquet placerat ornare. In hac habitasse platea dictumst. Praesent porttitor imperdiet lorem, non porta tortor iaculis eu. Fusce sed volutpat enim. Curabitur et risus a ex ornare scelerisque a nec ante.

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PayPal says it chose to integrate the third-party functionality directly in the PayPal Payments Hub because the aformentioned trio already offers its customers protections when dealing with the virtual currency. The company envisions anything that can be obtained digitally, such as video games and music, being sold in Bitcoin.

Image credit: Picjumbo Free Images

Image credit: Picjumbo Free Images

This is important to emphasize, because PayPal isn’t adding Bitcoin as a currency to its own digital wallet. It also won’t be processing Bitcoing payments on its secure payments platform: everything is being handled by one of the three third-parties.

Merchants who pre-sell products, meaning asking for money up-front for a product or service that will be delivered in the future, will also not be supported. This is, according to PayPal, to safeguard customers from businesses that can’t give refunds if they fold before the product is shipped and after buyer protection expires.

In other words, the company is starting to accept Bitcoin, but very slowly and very cautiously. PayPal Senior Director of Corporate Strategy Scott Ellison explains.

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