PayPal Announces Partnership with Three Bitcoin Companies

PayPal has announced that they will be adding three Bitcoin companies; GoCoin, Coinbase and BitPay to their payments hub.  However, it will currently only be available in Canada and the United States of America at this moment in time.

PayPal will also not be adding Bitcoins to their digital wallet.  Wondering why?  As each of the three Bitcoin companies already offer its customers a range of different protections when it comes to the digital currency.

This development is going to be a gradual process and should help digital goods sites accept Bitcoin payments from their customers.