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September 26, 2013 04:03 pm GMT

EBay's PayPal Acquires Payments Gateway Braintree For $800M In Cash

accept_payments_online___braintree-1Ebay's PayPal has acquired Chicago-based payments gatewayBraintree, in an all-cash deal worth $800 million. We had originally reported that Braintree was on the block, with Square and PayPal both in acquisition talks for the company.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/OtK-g_y-7CI/

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