Online Payment: Braintree Goes Global

Online and mobile payment service provider Braintree is expanding its payment platform into new countries, including the UK, European Union, Australia, and Canada. Braintree is processing over $4 billion in annual credit card volume (including almost $1 billion in mobile payments). The company works with many web2.0 online merchants, including LivingSocial, Airbnb, and Fab.com. Recently we had the chance to talk to Braintree’s CEO bill Ready: Read the Interview. Braintree will first offer access to its international payment services in a beta trial. The commercial launch is planned for Q3 this year. Read more…

Mobile Payment: Facebook Rolls out Improved In-App Mobile Payment Flow

Facebook has launched a simplified and improved payment flow for mobile payments. Carrier billing (or operator billing) has established as one way for game and app developers to monetize their apps. The usual carrier billing payment takes up to seven steps and requires SMS verification. Facebook’s new two-step (1:open payment dialog 2: confirm) mobile payment flow is now available to customers in the U.S. and the United Kingdom. Read more…

Cards: German LBBW Provides German Olympians with Contactless Payment Visa Cards

Landesbank Baden-Württemberg (LBBW), a commercial bank in Germany, is launching one of the first Visa payWave credit cards in Germany. In cooperation with loyalty card scheme Payback the Olympic Games card will be issued to the Germany Olympic athletes. The card is produced by Giesecke & Devrient (G&D) and supports contactless and contact payment. Athletes can use the card pay contactless at thousands of NFC-enabled terminals in London. Read more…