"You don't need a merchant account or gateway."
That's a killer feature right there. I've been considering using Braintree for a project, but seeing this is really making me reconsider.
That's a killer feature right there. I've been considering using Braintree for a project, but seeing this is really making me reconsider.
If I could have, I definitely would have done this instead. This is like Square for web apps.
But, even then...as you said, I still had to jump through tons of hoops and even though they were very, very helpful and super attentive - they even bent over backwards for me by going to multiple underwriting banks to increase the likelihood that my business would be underwritten. When one of the banks rejected my application, their decision to go to multiple ones definitely seemed prescient.
But even then, the entire process still took at least a week - with LOTS of paperwork back and forth being printed out, scanned, emailed, etc.
Little did I know...I didn't NEED a merchant account. I just want to accept credit cards securely and not be gauged by the fees.
Stripe does both perfectly...the fees are pretty competitive - no monthly and no merchant account headache.
Avoid it if you can, at all costs, and just go straight to Stripe.
I'm really excited to learn more about Stripe, but I have Braintree implemented in one application and have had a good experience. For future apps, why choose Stripe over Braintree?
Shoot to hear you're having trouble sorting it out. Please feel free to reach out to Erin@braintreepayments.com . She'll help you out.