Bitcoin now dose mobile payments?

San Francisco-based web and mobile payments provider Stripe has announced that it is now testing bitcoin support with one merchant partner, online data backup service Tarsnap

Founded in 2010, Stripe has so far garnered $120m in public investments, most recently in January when it capped an $80m Series C round from major investors including PayPal founder Peter Thiel’s Founders Fund and Sequoia Capital.

The announcement is notable as it indicates that Stripe is poised to enter the bitcoin space as a competitor to fellow San Francisco-based startup Coinbase and Georgia-based merchant processor BitPay,

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