Braintree
Braintree, a division of PayPal, is a company based in Chicago that specializes in mobile and web payment systems for e-commerce companies that was acquired by PayPal on September 26, 2013. Prior to acquisition, it had been funded by Accel Partners and New Enterprise Associates as lead investors.
Merchants in more than 40 countries worldwide can accept, split, and enable payments in more than 130 currencies using Braintree. The company has offices in Chicago, New York, San Francisco, Austin, London, Sydney, & Singapore.
Now Venmo users will have more opportunities to use their Venmo balances, as PayPal will offer them debit cards for payments in the real world.
Dan Schulman, PayPal CEO, said that as the popularity of PayPal and its mobile payments platform Venmo grow, traditional methods of payment will be replaced by digital alternatives, which means that there will be no credit cards in 20 years.
Having ambitious plans to replace PayPal, Lydia has already become a mobile payment leader in France and is not going to stop.
Paypal-like cryptocurrency payment platform UTRUST has surpassed its $10 million soft cap target on the first day of its public ICO on November 2nd, 2017.
The UK-based cryptocurrency platform, Paybis.com has slashed the fees for Bitcoin purchase with credit/debit card by 25%.
Flywire has announced partnership with PayPal regarding its options for businesses, students and patients.
Online payments giant is adding Venmo as a new payment option and is planning for more partnerships with companies across multiple sectors.
Android Pay users in the US will soon be able to make payments with their PayPal balances at thousands of new retailers, including Walgreens, Dunkin’ Donuts and Subway.
On Monday, the social networking giant unveiled several new Messenger updates that will let customers to make payments without leaving the app.
With the initiative Coinbase intends to ease the process of digital currency exchange.
