26 September 2017
visit www.avoka.com

Braintree signs Simple to one-touch mobile payments tech

10 July 2013  |  6385 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  |  5925 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  |  7555 views  |  0 comments
Simple launches iPhone app

Simple launches iPhone app

09 May 2012  |  7700 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
visit www.abe-eba.euvisit www.temenos.comdownload the paper now

Top topics

Most viewed Most shared
AXA launches blockchain to cover late flight compensationAXA launches blockchain to cover late flig...
12193 views comments | 16 tweets | 30 linkedin
European Commission makes fintech a priority in supervisory shakeupEuropean Commission makes fintech a priori...
8833 views comments | 34 tweets | 46 linkedin
hands typing furiouslyBlockchain is a new way of thinking?
7545 views 2 | 10 tweets | 1 linkedin
German central bank flags DLT weaknessesGerman central bank flags DLT weaknesses
7277 views comments | 17 tweets | 19 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job