Friday, August 31, 2012

Braintree Acquires Venmo, Goes After PayPal

Braintree Venmo

Braintree, which allows business to process credit card payments online, announced its acquisition of startup Venmo last Friday. Venmo lets you pay friends for things like drinks or a cab ride using a bank transfer, debit card, or credit card. By joining forces with Braintree, the two companies can move toward the utopian “digital wallet,” where...

The post Braintree Acquires Venmo, Goes After PayPal appeared first on Tech Cocktail

Source: http://tech.co/braintree-acquires-venmo-2012-08

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