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PayPal’s Braintree to offer Visa Checkout

Visa (NYSE:V) and PayPal (PYPL) today announced that Visa Checkout will soon be available as a payment service for Braintree merchants.

Braintree, a PayPal company that powers payments for companies like Airbnb, Eventbrite, Pinterest and Uber, offers simple solutions that enable merchants to accept a variety of payment options online, in app and in-stores, and soon Visa Checkout will be available as one of Braintree’s payment options. The online payment service allows Visa cardholders to pay on any connected device, in just a few clicks, using their Visa account. Visa Checkout is already part of the shopping experience at many leading online retailers including Starbucks, Walgreens and Best Buy.

“With the Visa card at the center of the payment experience, Visa Checkout brings familiarity and trust to digital shopping offered by Braintree’s customers — some of the most innovative merchants driving ecommerce and m-commerce today,” said Sam Shrauger, senior vice president, digital solutions, Visa, Inc. “We’re thrilled to be partnering with PayPal and Braintree to make cards work better on any connected device.”

“At Braintree, we’re singularly focused on giving our merchants the flexibility and freedom to choose from the best commerce experiences available,” said Juan Benitez, GM, Braintree. “Offering simple and easy access to Visa Checkout through Braintree’s platform reinforces our commitment to merchants as we continue adding relevant payment services to our platform, and will be an important way we continue to expand on our partnership with Visa.”

Visa Checkout will be available to US merchants through Braintree’s SDK in early 2017. Braintree’s SDK is a seamless integration that provides a simple way for merchants to accept payments and enable buying experiences.

Visa Checkout now has more than 14 million consumer accounts. Hundreds of thousands of merchants and more than 900 financial institution partners now offer Visa Checkout in 16 countries around the world; expansion into five additional European countries and India will take place by the end of 2016

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