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timdorr
on Sept 26, 2013
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PayPal Acquires Braintree for $800M
They've bought payment providers in the past. The last big one was Verisign Payments and they've kept that running as a separate product since 2005!
https://www.paypal.com/cgi-bin/webscr?cmd=xpt/Marketing/gene...
I also doubt they'll shut down Braintree or roll it into the main product.
pjg
on Sept 26, 2013
[–]
The key to note about Verisign purchase is that of the appx. 1/2 of $145B/year volume that paypal processes is through the verisign gateway which is not paypal branded. Verisign payments are about half of total so it was a good acquisition
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I also doubt they'll shut down Braintree or roll it into the main product.