Braintree Inc. continues its international expansion, taking its mobile and e-commerce payment processing into Australia.
Chicago-based Braintree announced this week that, with the addition of Australian clients, Braintree has now expanded into more than 30 countries this year.
Braintree will provide Australian e-commerce developers access to its payments tools such as single-tap checkout and payment acceptance in more than 130 currencies, the company stated in a press release.
The Braintree payment platform has helped e-commerce startups quickly expand their businesses, the company says. E-commerce companies using the Braintree platform include 99designs, Uber, LivingSocial, Airbnb, 37signals, OpenTable, Fab.com, GitHub, Heroku, Rovio/Angry Birds, and Hotel Tonight.
“Innovation in e-commerce and m-commerce is happening at a blistering pace and we see it around the world,” Bill Ready, CEO of Braintree, stated in the release. “We couldn’t be more excited to see what Australian innovators will build on the Braintree platform.”
Braintree says e-commerce in Australia is exploding, and online and mobile payments are expected to double next year to more than $22 billion. The company says its payment platform will aid that growth because it allows developers to integrate in minutes rather than months and provides tools for mobile payments.
Earlier this month, Braintree announced a partnership with cloud-based accounting services provider FreshBooks to allow the Toronto-based company’s clients access to Braintree’s payments services.
Braintree says it provided a significant push for its e-commerce services when hiring former Google Wallet executive Aunkur Arya as its general manager of mobile.