Categories: CryptoNews

Bitcoin Acceptance Has Attributed To BrainTree’s 25-fold Growth

Most Bitcoin users know the BrainTree name by now, as this PayPal subsidiary accepts bitcoin payments. Ever since the company was acquired by the internet payment processing giant, the number of transactions has increased. Over the past three years, a 2,500% growth has been noted, thanks to the addition of several innovative payment options.

BrainTree Keeps On Rocking With Alternative Payment Options

It has to be said, the growth of BrainTree cannot be denied. Being part of the PayPal umbrella has certainly helped things along over the past few years, but the subsidiary has been working hard on promoting their services as well. Partnering with influential YouTubers, for example, has been a strategy that paid dividends.

That being said, the largest growth stems forth from a different approach entirely. BrainTree is best known for its acceptance of many different payment options. Merchants have a broad range of choices at their disposal, all of which can be processed by one and the same company.

Although most people are well aware how BrainTree accepts Bitcoin payments, most merchants would have no idea. It is an actively advertised payment method by the company, which is a positive sign. However, they are also focusing on the mobile sector by accepting Apple Pay, Venmo, and even UnionPay as payment options.

Related Post

BrainTree has also brought all of its supported payment methods to different platforms used by billions of users worldwide. Facebook Messenger and Pinterest are two names that have integrated BrainTree into their platforms. The company is also powering the payment backend for Uber and Lyft, two businesses that may start to accept Bitcoin at some point in the future.

For those who are still doubting the success of alternative finance, look no further. BrainTree is just one of the companies looking beyond traditional finance for both retailers and consumers. Bitcoin is an exciting addition to the platform, although no official numbers regarding users and transactions were revealed. At the same time, this shows Bitcoin can easily coexist with other payment options.

Image credit 1

If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

BlockDAG Eclipse Top Crypto Coins Amid Shiba Inu Dips & Avalanche Staking.

Best Crypto to Buy: BlockDAG’s Moonshot Keynote Sparks $22.2M Presale, Eclipsing Shiba Inu And Avalanche…

7 hours ago

Solana Meme Coins Bonk (BONK) And (MEW) Fail To Make New ATH, ETFSwap (ETFS) Presale Explodes

The once-booming trend of Solana meme coins appears to be reaching its twilight. Backed by…

10 hours ago

Quickex Expands Cryptocurrency Options with Over 200 Coins Available for Exchange

Quickex, a cutting-edge cryptocurrency exchange platform, announces a key milestone by enabling over 200 coins…

21 hours ago

EigenLayer Airdrop Attracts Legendary Trader GCR And Justin Sun’s Team

EigenLayer, the innovative blockchain project, has recently made headlines with its first season airdrop announcement,…

1 day ago

Uniswap’s Latest Upgrade Allows Direct Purchases With Robinhood Balance

Uniswap, the leading decentralized exchange, has recently enhanced its functionality by integrating Robinhood Connect into…

1 day ago

Anonymity vs. Transparency: BlockDAG’s Post-Forbes Dilemma

Anonymity vs. Transparency: Where Will BlockDAG Go After the Forbes Doxxing? The cryptocurrency market has…

1 day ago