Braintree, a PayPal company, is a payments platform that makes it easy for your business to accept payments through your app or website.
Plus, you can get free processing on your first $50,000 in payments that are accepted using Braintree.
Considering that the credit card processing fees for similar services like Square and Spark Pay average around 2.75%, this offer could save you over $1,300 in processing fees for your first $50,000 in sales.
You just have to be a developer who integrates directly with Braintree in order to get free processing on your first $50,000 in accepted payments.
Braintree offers an easy solution to accept payments in mobile apps and websites for businesses of any size.
Merchants in the U.S.A. can use Braintree to accept PayPal, Apple Pay, Android Pay, Venmo, Bitcoin, and most credit and debit cards, including Visa, MasterCard, American Express, Discover, JCB, and Diner’s Club.
There is a standard price of 2.9% + $.30 per transaction, which includes all of their features and unlimited access to their support team.
There are no monthly fees, so you only pay for what you use, and there is no minimum transaction processing amount.
Payments via Visa, MasterCard, American Express, and Discover are all included at the same rate.
Plus, you’ll get absolutely free processing on your first $50,000 in sales.
The only fee that you might see is if you incur any chargebacks, in which case you will be charged $15 for each chargeback incident.
Braintree works with many e-commerce and billing platforms, including Bigcommerce, Shopify, Magento, and Wufoo.
Braintree Free Processing for First $50,000 in Sales
If you are a developer who integrates directly with Braintree, they will cover the fees on your first $50,000 of sales.
There will be no transaction fees, no interchange costs, and no catches.
After your business crosses the $50,000 threshold, their standard 2.9% + $.30 per transaction rate applies.
However, for your first $50,000, you won’t be charged any processing fees (chargebacks will still incur a $15 fee).
The free pricing will apply as long as your business is processing less than $50,000 gross transaction volume.
Your pricing will automatically switch to 2.9% + $.30 per transaction once you have crossed $50,000 in gross transaction volume.
This offer is available only to U.S. and EU-based businesses at this time.
If you are a merchant who integrated via a Braintree partner, you should check with them on the potential availability of this offer.
You may also be interested in Chase Merchant Services if you are looking for ways to lower your current processing fees.