BrainTree – Your Gateway to Online Payments
Braintree is an end to end payment processing service for the business to accept credit payment by providing a merchant account, payment gateway, recurring billing and credit card storage. Braintree supports recurring or subscription billing, so that a merchant can offer flexible payment option without having to store credit card data.
The four major features of Braintree are:
1. Merchant account: bundled services like merchant account, payment gateway, credit card storage and simplify PCI complience
2. Recurring billing: collection money from customers and provide billing preferences and the features of this Recurring billing are:plan and subscription customization with simplified management, trial period, proration with upgrade and downgrade, automatic retry on failed attempts, past due status with #of days, reporting by plan and status, customized email notifications determined by merchant
3. PCI Compliances: By using Transparent Redirect and vault marchant can achieve PCI appliance in days and how to achieve is simple with four steps:
• Integrate Transparent Redirect and vault
• Download the pre-filled SAQ A versin 1.2 and verify whether it is consistent with business practices
• Contact a Qualified Security Assessor
• Receive a certificate of compliance
4. New to pay: this includes industry risk, billing method risk, how to receive money, types of credit cards, risk and underwriting, merchant account fees, PCL compliance, personal guarantee, chargeback’s.
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