Braintree Review

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Established by Bryan Johnson in 2007, Braintree is an affiliate of PayPal. The Chicago-based company specializes in mobile as well as web payment systems, particularly for e-commerce organizations. Before its acquisition by PayPal, Accel Partners along with New Enterprise Associates funded it. Today, Braintree offers its customers with a viable merchant account as well as a payment gateway. It also provides them with related features. The company provides a global commerce tool that users can utilize to build their businesses, enable commerce, and accept payments. It’s one of the simplest methods to accept payment for a new business. The platform allows for merchants to accept payment from any part of the world.
 
History and Leadership

Braintree refers to a genuine payment processing platform that simplifies different payment processes for users. It enables merchants to accept payments in an app. The services provided by Braintree replace the usual conventional method of using a payment gateway coupled with a merchant account from multiple payment processors. From a single-touch payment to different mobile SDKs, Braintree offers everything a client needs to start accepting payments. The platform can also enable payments in over 130 currencies. Coupled with 7 international locations and 500 workers, Braintree provides its users with innovative concepts as well as simple processes to facilitate their payments. In 2011, Bill Ready was elected to serve as the CEO. Braintree acquired Venmo. Braintree Payment Systems announced that they would start providing payment processing services in Australia. In 2012, the company expanded into Canada as well as Europe. Braintree announced its support in Singapore, Malaysia, as well as Hong Kong. In 2015, PayPal purchased Modest, a mobile commerce firm. It rolled its commodities into Braintree’s offerings. By the end of 2015, Braintree processed approximately $50 billion transactions and is doing vastly more than that today.
 
A Look at Who Uses Braintree

Different types of organizations can use Braintree as a payment processor in mobile apps along with websites. Startups and non-profit organizations have employed the services of Braintree which has vast experience working with various business models. Nonetheless, because of the legal, regulatory compliance issues, the company is unable to serve some types of businesses.
 
Where is Braintree Available?

Braintree is present for various merchants in Canada, Europe, Australia, New Zealand, Malaysia, the United States, and Singapore. Legally, in order for a user to be a Braintree merchant, one needs to be a native in a country. Nonetheless, no matter where a prospective user is, Braintree has everyone covered. The company can help users to grow and finally become international. Merchants residing in America can accept payment through PayPal, Android Pay, and Venmo. They can also use credit cards including Mastercard, Discover, and JCB.
 
How Long Will it Take a User to Get Braintree?

Merchants may start using the payment processor after filling out the company’s signup form. In different cases, the management will have to garner additional information prior to processing payment. In that case, the organization will contact a prospect user in one business day.
 
Integrating Braintree into a Payment Processor

Braintree uses Drop-in integration. It’s quick and easy. The user can add a fully integrated-checkout to an app with a few codes of lines before turning on PayPal support through the Braintree Control Panel. Custom integration is pretty flexible. A user can build their checkout page to accept PayPal using a few lines of code. With Custom integration, users can apply their payment form to accept credit cards. With Hosted Fields, a user can leave the responsibility of PCI compliance to Braintree’s management. Once in a while, merchants might have to upgrade their systems in order to take utilize new features. The company’s goal is to minimize their efforts to make maintenance easy for its users. As such, users can utilize DSK-announces google to remain updated. Conclusively, Braintree enables users to accept payments online.

While Braintree is an excellent solution for many tech enabled and startup businesses, many merchants will do better with a traditional payment processor. Check out our list of recommended credit card processing companies.

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Recommended Processors

If you are a low risk merchant looking for a credit card processor, we recommend checking out ProMerchant. If you operate a high risk business or have been told by processors that your business is hard to place, we recommend checking out Flow Payments.

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