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Founded in 2007, Braintree, a division of PayPal since 2013, is headquartered in Chicago, USA. The PCI compliant payment gateway offers mobile and online payment processing services.
Braintree focuses on offering a multiple payment methods options in an easily integrated solution with simple pricing, security and support. Offered services include recurring billing, credit card information storage, support for mobile and international payments. Their services are backed by their parent company, e-commerce giant PayPal.
The pricing structure for newly established businesses is calculated per transaction (without monthly fees), while established businesses will receive a custom quote from Braintree.
Integrating Braintree’s solution requires developers, as coded knowledge is needed. Their sandbox allows merchants to test the Braintree experience before setting up a merchant account. The company offers a seamless checkout experience, white-glove support as well as advanced fraud protection. Braintree also offers solutions for marketplace businesses.
Various payment methods are supported by this gateway. Aside from the classic debit and Credit cards (including Visa Checkout, Masterpass and Amex Express Checkout), ACH direct Debit, Venmo, Apple and Android Pay, where available and, naturally, Paypal and Paypal One Touch are accepted. Since entering a partnership with Coinbase in 2014, Braintree is accepting Bitcoins payments.
Braintree offers its services in 45 countries, including Europe, Australia, Canada, Hong Kong, Malaysia, New Zealand Singapore and the USA. Online and mobile transactions can be accepted in over 130 currencies. Specialized in cross-border commerce, Braintree offers tools to help businesses grow internationally.
Their international presence is reinforced by their offices in London, Singapore, Sydney and Paris. At home, its headquarter in Chicago can count on the support of their offices in San Francisco, New York and Austin.
Most ecommerce and billing platforms can be used with Braintree. For example, Bigcommerce, Shopify, Magento or Wufoo.
The open-source e-commerce software Magento, first released in 2008, is one of the most widely used shopping cart software and content management system. Online merchants fully control the design, content and functionality of their store. Additionally, Magento offers marketing, search engine optimization and catalog-management tools. How much setting up a Magento store will cost you? A basic shop cost between a couple thousand to tens of thousands of US dollars while a more complete version can exceed the hundreds of thousands of US dollars.
This gateway works with several industry branches, such as auctions, tourism, gaming, ticketing or charities. Some of the best know companies using Braintree are Uber, Airbnb, Skyscanner, Pinterest, Hungryhouse and Dropbox. The company works with businesses of all sizes, small to large. At the end of 2015, the company had 154 million cards registered.