51–60 of 187 posts
Title is a bit misleading, Braintree is not acquired by Paypal. 1. The transaction is planned between eBay and Braintree. 2. At this point eBay has plans to acquire Braintree (agreed to acquire).
Looks like Braintree will have to change all their "we're not PayPal!" marketing now.
As a Braintree customer I am a little worried. I went with them for a number of reasons, but one of the big ones was the fact that they're not PayPal.
Title is a bit misleading, Braintree is not acquired by Paypal. 1. The transaction is planned between eBay and Braintree. 2. At this point eBay has plans to acquire Braintree (agreed to acquire).
In the long run I suspect that this will be a huge win for Stripe.
agreed.
[1] http://www.independent.ie/irish-news/brothers-vow-not-to-sel...
PayPal would be making things worse for themselves if they did that and this purchase, is IMHO, an attempt to make things better for them and to bring them into the modern software world. I'm sure they also acquired Braintree for their engineers!
I'm always amused when I read the statements from newly acquired companies. They refuse to call it what it is, a purchase, and instead frame it as an alignment, a partnership, anything that allows them to distract from the fact that they are no longer autonomous.
One hardly ever hears the term "takeover" these days :)
It's how you say it not what it is although by my book it's still the same damn thing.
We are just about to start using BrainTree, for the only reason that they are not PayPal...
Earlier quoted context omitted.
I heard that. As I've said before, people revere the PayPal mafia, but revile PayPal. As it's been said by others here, this is certainly good for Stripe because more than a few Braintree customers will flock their way to avoid PayPal, but it also creates opportunities for other upstarts in this arena. That being said, there is a certain amount of lock-in for these products, so while it's relatively easy for a busine…
If only PayPal had joined Braintree's "Credit Card Data Portability" initiative [1]. I'm betting that's dead now with them joining PayPal, if it's even still active. If it is, get your data out quick before PayPal can lock it in! [1]: https://www.braintreepayments.com/blog/open-letter-to-the-ce...
[1] http://www.portabilitystandard.org/ (FAQ Q #1)
Earlier quoted context omitted.
agreed.
If Paypal doesn't buy them too.. according to this article[1] the valuation is 500m, so less than what PP paid for Braintree.. [1] http://www.independent.ie/irish-news/brothers-vow-not-to-sel...
Survival of the richest not the one with better service.
That said, maybe now with Paypal support, they will reverse their stance on crowdfunding. If not, I'm desperate for a professional payment processor that doesn't ask me to send an email if I have an issue.