Payments Gateway Provider Braintree Going International

#1

Post by thehammer » Tue, Jun 05, 2012, 1:56 PM UTC

Payments Gateway Provider Braintree Going International
techcrunch.com

Re: Payments Gateway Provider Braintree Going International

#2

Post by jcoder » Tue, Jun 05, 2012, 2:17 PM UTC

I'm glad to see that Stripe has lit such a fire under their competitors. I'm new to the payment gateway scene—can anyone with experience give a comparison of Stripe vs Braintree's APIs?

Re: Payments Gateway Provider Braintree Going International

#3

Post by nmcfarl » Tue, Jun 05, 2012, 2:54 PM UTC

jcoder wrote: post #2

I'm glad to see that Stripe has lit such a fire under their competitors. I'm new to the payment gateway scene—can anyone with experience give a comparison of Stripe vs Braintree's APIs?

I’ve not used Stripe, but I’ve used Braintree for a while. Braintree is an older company, and it seems to have a bigger, lower level API. Stripe’s is much higher level, and looks like it could be both simpler and easier to use. This is probably not just because of age, but also because Stripe wraps and owns your merchant account (it looks like), while Braintree works with a merchant account, exposing many more technical details of the payments process (thus making you manage them).

Braintree’s API, while REST underneath, is only supported at the library level and they have more languages supported for this reason than Stripe (Including mobile specific APIs). Obviously this makes it much easier to support newer, hipper languages with Stripe - just write your own wrapper to the REST API.

Most of the big features seem to be supported on both platforms, one off and reoccurring payments, token based transactions, etc.

Re: Payments Gateway Provider Braintree Going International

#4

Post by zachanker » Tue, Jun 05, 2012, 3:31 PM UTC

nmcfarl wrote: post #3

jcoder wrote: post #2

I'm glad to see that Stripe has lit such a fire under their competitors. I'm new to the payment gateway scene—can anyone with experience give a comparison of Stripe vs Braintree's APIs?

I’ve not used Stripe, but I’ve used Braintree for a while. Braintree is an older company, and it seems to have a bigger, lower level API. Stripe’s is much higher level, and looks like it could be both simpler and easier to use. This is probably not just because of age, but also because Stripe wraps and owns your merchant account (it looks like), while Braintree works with a merchant account, exposing many more techni…

Started to use Stripe recently for a project and have used Braintree extensively for work. Your comparison is spot on.

There are some small differences such as, Stripe can send credit card details through AJAX to their servers so they are never sent to yours. Whereas Braintree uses Javascript encryption to do it, so the encrypted values are sent to your server. But I haven't seen anything that only Braintree supports yet.

Tradeoff with Stripe is that while you get a much simpler API, it (likely) will cost you more than Braintree depending on scale and what cards are commonly used.

Re: Payments Gateway Provider Braintree Going International

#5

Post by tzaman » Tue, Jun 05, 2012, 3:34 PM UTC

There is justice in this world after all :)

I was hoping for Stripe to go international soon but Braintree seems like a good alternative for all of us who don't want to wait any longer (and are reluctant to use Paypal)

Re: Payments Gateway Provider Braintree Going International

#6

Post by boundlessdreamz » Tue, Jun 05, 2012, 3:46 PM UTC

Hugely disappointed that India is not among the countries Braintree is expanding to. People in other areas(like europe) have at least one half decent payment gateway provider. In India we have NONE.

This is the biggest payment gateway in India - http://www.ccavenue.com/content/pricing.jsp they charge 3-7% and they suck. API docs suck, payments get timed out etc. There is an annual "maintenance" charge!

Developers (and users) are really fed up with the low quality of payment providers in India. - have a look at these

http://hackerstreet.in/item?id=9565

http://hackerstreet.in/item?id=14592

http://hackerstreet.in/item?id=6727

Re: Payments Gateway Provider Braintree Going International

#7

Post by jcoder » Tue, Jun 05, 2012, 3:49 PM UTC

zachanker wrote: post #4

nmcfarl wrote: post #3

Earlier quoted context omitted.

I’ve not used Stripe, but I’ve used Braintree for a while. Braintree is an older company, and it seems to have a bigger, lower level API. Stripe’s is much higher level, and looks like it could be both simpler and easier to use. This is probably not just because of age, but also because Stripe wraps and owns your merchant account (it looks like), while Braintree works with a merchant account, exposing many more techni…

Started to use Stripe recently for a project and have used Braintree extensively for work. Your comparison is spot on. There are some small differences such as, Stripe can send credit card details through AJAX to their servers so they are never sent to yours. Whereas Braintree uses Javascript encryption to do it, so the encrypted values are sent to your server. But I haven't seen anything that only Braintree supports…

Good info, thank you both.

Re: Payments Gateway Provider Braintree Going International

#8

Post by ngsayjoe » Tue, Jun 05, 2012, 4:05 PM UTC

boundlessdreamz wrote: post #6

Hugely disappointed that India is not among the countries Braintree is expanding to. People in other areas(like europe) have at least one half decent payment gateway provider. In India we have NONE. This is the biggest payment gateway in India - http://www.ccavenue.com/content/pricing.jsp they charge 3-7% and they suck. API docs suck, payments get timed out etc. There is an annual "maintenance" charge! Developers (an…

Don't be too sad ... my countries Malaysia, Singapore, or any Asian countries is neither in the list ... but this is a great first step ... hope more competitors (Stripe, Square, etc.) will follow ..

Re: Payments Gateway Provider Braintree Going International

#9

Post by tomjen3 » Tue, Jun 05, 2012, 4:12 PM UTC

boundlessdreamz wrote: post #6

Hugely disappointed that India is not among the countries Braintree is expanding to. People in other areas(like europe) have at least one half decent payment gateway provider. In India we have NONE. This is the biggest payment gateway in India - http://www.ccavenue.com/content/pricing.jsp they charge 3-7% and they suck. API docs suck, payments get timed out etc. There is an annual "maintenance" charge! Developers (an…

The problem with India is that the indian government is broken (or is at least percived to be broken) outside of India. I wouldn't risk my customers money there -- too much corruption.

I doubt it will ever be available in Nigeria either, nor most of Africa.

Re: Payments Gateway Provider Braintree Going International

#10

Post by rdl » Tue, Jun 05, 2012, 4:27 PM UTC

I really like Stripe, but Braintree is a great company too. I think both companies are pulling the industry forward.

I would still seriously consider setting up a US business in most cases, since it makes everything else easier, if you want to take investment, enter the us market, etc.