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Founded in 2007, Braintree is headquartered in Chicago, USA. The PCI compliant payment gateway offers mobile and online payment processing services.
In September 2013, Braintree was acquired by PayPal. It is now operated as of division of the parent company.
The pricing structure for newly established businesses is based on a transaction fee, without monthly fees. This standard processing fee is 2.9% + 0.30 USD per transaction. Established businesses can request a custom quote from Braintree.
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.
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.
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.