PayPal has dipped another toe into the uncertain waters of virtual currency by announcing that its customers can use Bitcoins to pay for digital music, games and ringtones.
Those payments won't be made directly through PayPal, however, but will be processed through partners BitPay, Coinbase and GoCoin, reports the San Francisco Chronicle. PayPal will reportedly get a referral fee from the three Bitcoin-based companies.
PayPal users wanting to use Bitcoins will do so through the PayPal Payments Hub, according to the company blog.
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