Braintree sees a bright future ahead for mobile payments

mobile technology payments money

Braintree predicts that mobile commerce will evolve quickly over next few years Braintree, a leading mobile payments service provider, believes that mobile commerce will change dramatically over the next few years. Mobile commerce is still a relatively new concept, but it has risen to prominent is a short amount of time. Consumers have shown a great deal of interest in mobile payments because of its convenience, and the number of people participating in these payments is growing on a seemingly daily basis. Braintree believes that mobile commerce will evolve rather…

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Mobile payments make up a third of the business at Braintree

Mobile Payments

The company has now revealed that it is experiencing massive growth in processing these transactions. According to the latest data that has been released by Braintree, it is now processing an annual $4 billion in transactions over mobile payments, which represents a tremendous third of the total annual processed transactions from the company, which is $12 billion. Braintree is racing along in terms of rapid scaling in order to beat out other platforms, such as Stripe. The total amount of mobile payments has managed to experience a quadrupling at Braintree…

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