19 October 2017
visit www.response.ncr.com

Braintree signs Simple to one-touch mobile payments tech

10 July 2013  |  6406 views  |  0 Woman sitting in mall texting

Braintree has begun offering its Venmo Touch mobile payments tool to banks, signing up Simple as the first partner to integrate the technology into its app.

Chicago-based Braintree's Venmo Touch stores users' card details so that they can pay with a single click for in-app purchases at partner merchants, including Hotel Tonight, TaskRabbit and Wrapp.

The firm is now pitching the technology to card issuers and mobile banking providers, arguing that integrating it into their own apps offers a route to the coveted 'top of wallet'.

The first player on board is digital banking platform Simple, which, over the next few weeks, will offer customers the option to opt in to Venmo Touch, which will turn on one touch purchasing across its network of apps.

Bill Ready, CEO, Braintree, says: "Simple is defining what the future of banking will be in a mobile world. With Venmo Touch, Simple is ensuring that their customers will have access to the absolute easiest way to pay on mobile devices."
KeywordsE-COMMERCE

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Braintree closes $35m funding round

Braintree closes $35m funding round

17 October 2012  |  5945 views  |  1 comments | 1 tweets | 2 linkedin
Simple opens doors as CTO Payne moves on

Simple opens doors as CTO Payne moves on

26 July 2012  |  7572 views  |  0 comments
Simple launches iPhone app

Simple launches iPhone app

09 May 2012  |  7717 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
visit www.capgemini.comvisit www.vasco.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15659 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8818 views comments | 16 tweets | 22 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7924 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7059 views comments | 9 tweets | 17 linkedin
Santander InnoVentures leads $6m funding round for Mexico's ePesosSantander InnoVentures leads $6m funding r...
6186 views comments | 6 tweets | 3 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job