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- Braintree | Online Payment Solutions and Global Payment …
- About Braintreecharge | Braintree Payments
- Learn | Braintree Payments
- About Braintree
- FAQ - Braintree Payments
- Sandbox - Braintree Payments
- Payment Authorization | Braintree Payments
- White-Glove Support - Braintree Payments
- Office Culture - braintreepayments.com
- Braintree Privacy Statement
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Braintree is a Chicago-based company that primarily deals in mobile and web payment systems for e-commerce companies. The company was acquired by PayPal on September 26, 2013.
History
Braintree was founded by Bryan Johnson in 2007. By 2011, the company ranked 47th on Inc. magazine's annual list of the 500 fastest-growing companies.
In that year, Bill Ready joined the company as CEO. Johnson remained chairman.
In 2012, Braintree acquired Venmo for $26.2 million. A year later, PayPal, then part of eBay, acquired Braintree for $800 million. In August 2015, PayPal acquired Chicago-based mobile commerce company Modest and rolled Modest's products into Braintree's offerings.
Braintree first expanded internationally in 2012, when it announced that it would begin providing services in Australia. The company began serving Europe and Canada in August 2013 and announced support in Hong Kong, Singapore, and Malaysia in 2015.
By late 2015, Braintree was processing nearly $50 billion in authorized payment volume, up from $12 billion at the time it was acquired by PayPal, and had 154 million cards on file, up from 56.5 million.
In 2016, Braintree announced that it would enable its European merchants to begin accepting purchases via UnionPay, China's state-run card network.
As of 2022, Braintree processes payments in 45 countries and regions.
Products and services
Braintree provides businesses with the ability to accept online and in-app payments. On October 1, 2012, they launched instant signup, streamlining the signup process for US merchants to a few minutes.
Braintree announced the v.zero SDK in July 2014. It allows the automatic integration of the shopping cart with PayPal, among other payment types. GitHub and ParkWhiz are among the companies that launched with the v.zero SDK, which supports 'One Touch Payments'. It does not require those users to create an account on an e-commerce site or enter credit card details every time they want to buy something. The concept of One Touch is based on a prior product called Venmo Touch, which was developed in conjunction with Venmo, the payment service Braintree bought in August 2012.
In September 2014, the company announced a partnership with Coinbase to accept Bitcoin.
Integration
Braintree provides client libraries and integration examples in Ruby, Python, PHP, Java, .NET, and Node.js; mobile libraries for iOS and Android; and Braintree.js for in-browser card encryption.
Braintree also works with most e-commerce and billing platforms, including BigCommerce, WooCommerce, and Magento.
Credit card data portability
Braintree initiated the credit card data portability standard in 2010, which was accepted as an official action group of the DataPortability project. Credit card data portability is supported by an opt-in community of electronic payment processing providers that agree to provide credit card data and associated customer information to an existing merchant upon request in a payment card industry (PCI) compliant manner.
See also
Payment service provider
List of online payment service providers
References
External links
Braintree (company website)
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Braintree | Online Payment Solutions and Global Payment …
Learn the basics of payments, how to best use Braintree features for your business, and what you can do to keep payments secure.
About Braintreecharge | Braintree Payments
Braintree, a Subsidiary of PayPal, is an Online Payment Processor. If you see “BraintreeCharge.com” on your credit card statement or bank statement, it means that your card or account was used to create a transaction by a business that …
Learn | Braintree Payments
Learn the basics of payments, how to best use Braintree features for your business, and what you can do to keep payments secure.
About Braintree
Merchants in more than 45 countries/regions worldwide can accept, split, and enable payments in more than 130 currencies using Braintree. And we're here for you -- with stellar support, innovative concepts, and simple processes.
FAQ - Braintree Payments
What is Braintree? Braintree is a full-stack payments platform that makes it easy to accept payments in your app or website. Our service replaces the traditional model of sourcing a payment gateway and merchant account from different providers.
Sandbox - Braintree Payments
Experiment freely -- our Sandbox allows you to get a feel for the Braintree experience before applying for a merchant account or going to production.
Payment Authorization | Braintree Payments
Learn the basics of payments, how to best use Braintree features for your business, and what you can do to keep payments secure.
White-Glove Support - Braintree Payments
Learn the basics of payments, how to best use Braintree features for your business, and what you can do to keep payments secure.
Office Culture - braintreepayments.com
Mar 7, 2018 · Braintree has a long history of supporting employees and the communities they’re a part of by offering space or resource…
Braintree Privacy Statement
Dec 27, 2019 · If you create an Account to use the Braintree Services or otherwise establish a Braintree Account, our collection, use, and disclosure of your customers’ Personal Data will be governed in all respects by the terms of the Payment Services Agreement you enter into with us.