Wildly popular e-commerce and m-commerce payment platform Braintree, is expanding their services internationally. The overall expansion will span 30 countries including Canada, Australia and the UK among others.
Braintree offers simple and effective mobile and online payment solutions for over 2000 companies including start-ups like Uber, Airbnb, Angry Birds and Livingsocial. The international version of the service will operate as a private beta over the coming months, with the official launch taking place in Q3 of this year.
Global merchants will soon be able to take advantage of Braintree’s full offering, including the ability to accept 130 currencies and settle in 13. Major credit cards are accepted including Visa, MasterCard and American Express.
Those looking to try out the service are encouraged to sign up for a free sandbox account, which allows merchants to test transactions in order to get a feel for how the service works. Other offerings such as a credit card storage system known as Vault along with full customer service support will be available in all 30 countries as well.
The company, which raised $34 million from Accel hopes to further expand operations to include more countries as well as local non-credit card payments. They currently process upwards of $4 billion in card transactions per annum, 25% of which are mobile payments.
WORD IS: Facebook Enlisting HTC to Build a Phone for Mid-2013
NEA Introduces a $2.6 Billion Fund, Largest in VC History
Lunches So Good Kids Can’t Ignore Them
Invigorating Ginger Smoothie
The U.K.’s Youngest Parents Ever
The new hair Jennifer Lawrence