- Online payment service with payment gateway and processing.
- Good option for businesses that want to process other forms of payment and deal with international sales.
- Extensive tools and integrations.
Braintree is a PayPal company and is another very good online-only card processor. There is a chance that you have never heard of the company. However, Braintree is a huge company and is actually well-known in the industry. What sets it apart from other payment services is more affordable currency conversion fees. Also, it does offer bank-sponsored merchant accounts, unlike some payment services. Moreover, it can even process other types of payments aside from credit, debit, or PayPal transactions, such as bitcoins. One important point to note is Braintree might be a bit harder to implement for non-developers. However, there is always an option to easily integrate Braintree with one of the eCommerce platforms instead and avoid the hassle of hiring a developer.
|Credit Card Processing||Details|
|Transaction Cost||Online (regular): 2.9% + $0.30|
Online (nonprofit): 2.2% + $0.30
Bitcoin: 1% ($5 cap)
|Networks Accepted||Visa |
|Chargeback/Disputes||$15 (refundable if issuing bank rules in your favor)|