Payment Methods

Visa Checkout Will Soon Be Available Via PayPal's Braintree

Visa and PayPal announced on Tuesday (Sept. 6) that Visa Checkout will soon be available as a payment service for Braintree merchants. Braintree is a PayPal company that’s behind the payment processing for internet companies, including Airbnb, Eventbrite, Pinterest and Uber. Braintree enables merchants to accept a variety of payment options online, via an app, in-store and coming soon Visa Checkout.

Visa Checkout lets Visa cardholders pay on any connected device in a few clicks using their Visa account. Visa Checkout is already used at online retailers, including Starbucks, Walgreens and Best Buy.

“With the Visa card at the center of the payment experience, Visa Checkout brings familiarity and trust to digital shopping offered by Braintree’s customers — some of the most innovative merchants driving eCommerce and mCommerce today,” said Sam Shrauger, senior vice president of digital solutions for Visa, in a press release. “We’re thrilled to be partnering with PayPal and Braintree to make cards work better on any connected device.”

Visa Checkout will be available to U.S. merchants through Braintree’s SDK in early 2017. Braintree’s SDK is a seamless integration that provides a simple way for merchants to accept payments and enable buying experiences. Visa Checkout currently has more than 14 million consumer accounts and is used by thousands of merchants.

The move on the part of Visa and PayPal comes as there has been a thawing in the two payment processors' battle. Visa and PayPal announced in July a strategic partnership that will combine the power of the largest payments network in the world with the largest digital payments network in the world to give consumers more choice about how they pay when using their PayPal accounts. According to a release issued back then, PayPal said: “The partnership puts PayPal and Visa on a new path, with the companies working more collaboratively to accelerate the adoption of safe, reliable and convenient digital payments for consumers and merchants.”



About: Accelerating The Real-Time Payments Demand Curve:What Banks Need To Know About What Consumers Want And Need, PYMNTS  examines consumers’ understanding of real-time payments and the methods they use for different types of payments. The report explores consumers’ interest in real-time payments and their willingness to switch to financial institutions that offer such capabilities.

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