Braintree is one of the premier payment platforms especially after combining forces with the PayPal team. Braintree allows eCommerce to accept, split, and enable payments in more than 130 currencies to give their brand a true global reach.
Date Founded = 2007
Total Funding = $69M (Acquired by PayPal in 2013)
HQ = Chicago, Illinois
Total Employees = 700+
Fixed Prices There are mostly no surcharges and fees after the base charges. For high-grossing eCommerce teams, there is also the option to negotiate custom rates.
Developer-Friendly With their documentation and customization, technical team members have the ability to upgrade payment functionalities.
Playing in the Sandbox Braintree offers a nice Sandbox account for anyone looking to trial their services and get a full for the UI/UX before making a commitment.
Held Funds and Fraud Insufficiency The two main complaints for Braintree are their strange account holds and lack of fraudulent policing.
Shopify Till You Dropify In 2016 Shopify ended their partnership with Braintree over financial disputes which eliminated an easy integration for teams.
Transaction Fees 30-cent fee and 2.9% for every transaction
1% for every international transaction
$15 for every chargeback