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Braintree Takes On Stripe, PayPal With Debut Of “Marketplace”

49 pointsby dpickalmost 12 years ago

4 comments

ajsharpalmost 12 years ago
Meh. Welcome to the party, a couple of years late. I'll stick with Balanced. Fantastic product, incredible support. Not even a question. Braintree's bread and butter is card processing. Balanced's is marketplaces / payouts.
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peterjancelisalmost 12 years ago
So now there are 5 players in this space (that I know of).<p>Ordered by the launch date of their marketplace offering: WePay, Balanced Payments, Stripe, Paymill, Braintree.<p>Edit: Added WePay.
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forman00almost 12 years ago
Looking at Braintree&#x27;s Marketplace docs, it appears you have to &quot;onboard&quot; each sub-merchant you want to send payouts to, which requires entering their name, address, date of birth, and their social security number. It then says &quot;If [the social security number] is not provided, we will attempt to retrieve the full Social Security number based on the other applicant details.&quot;<p>So my question is: How is it possible &#x2F; how do they retrieve someone&#x27;s social security number using apparently just a name, address, and birth date? (Maybe I&#x27;m naive, but I thought socials were pretty secure)
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latchkeyalmost 12 years ago
WePay has had this for years, the title is a bit sensational.
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