17 August 2017
visit www.avoka.com

Braintree signs Simple to one-touch mobile payments tech

10 July 2013  |  6317 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  |  5864 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  |  7494 views  |  0 comments
Simple launches iPhone app

Simple launches iPhone app

09 May 2012  |  7643 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
visit www.abe-eba.eudownload the paper nowvisit www.niceactimize.com

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10256 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9609 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9450 views comments | 8 tweets | 15 linkedin
HSBC automates documentary trade processing with IBMHSBC automates documentary trade processin...
8443 views comments | 6 tweets | 21 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
7921 views comments | 1 tweets | 2 linkedin

Featured job

Find your next job