Braintree Merchants Can Now Accept Samsung Pay
Braintree announced an expansion for its payment platform. Braintree merchants can now accept payments from Samsung Pay for in-app purchases.
Braintree, owned by PayPal, already accepts other digital wallets, such as Google Pay and Apple Pay. The company also processes transactions through credit cards, debit cards, Venmo and PayPal.
The integration takes place in the Braintree SDK (Software Development Kit). According to the press release, “With just a few lines of code, merchants can quickly integrate Samsung Pay into their checkout process.”
This is an addition to the PayPal and Samsung Pay partnership announced earlier this year. PayPal is now an accepted payment source for Samsung Pay. If a user would like to pay with PayPal instead of a debit or credit card, they can still use Samsung’s advanced mobile wallet features. This also provides an extra layer of protection for the transaction since the payment data is encrypted through PayPal and Samsung Pay.
Samsung remains the only mobile wallet to use Magnetic Secure Transmission (MST) technology. This allows a smartphone to communicate with a traditional magnetic strip card reader. Other mobile wallets use Near Field Communication (NFC), which requires a special type of reader to work. While some merchants have upgraded to NFC readers, there are many who have yet to make the transition.