Braintree teams with American Express to take Venmo Touch to the U.K.

Summary:Braintree plans to extend support for Venmo Touch (and beef up its customer portfolio) across Europe in the coming months.

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Even with online retail giant eBay as its new owner, Braintree is proving its value on its own with some major partnership and international expansion plans at work.

The digital payments platform has inked a new deal with American Express, touting that this collaboration is making one-touch mobile commerce available for the first time at a global level.

But let's bring things back down to Earth, so to speak.

The international scheme being announced today is specifically in regards to Braintree's Venmo Touch wallet app, which was brought into the company through a previous acquisition of its own.

Braintree itself already operates on an international playing field in more than 40 countries across North America, Europe and Australia, processing digital payments in more than 130 currencies.

Venmo Touch is being brought to the United Kingdom first with the help of the credit card giant's well-established network.

This means that merchants already subscribing to Venmo Touch with footprints in the U.K., including HotelTonight and LivingSocial, as well as local businesses across the pond (and even American Express itself) will be able to take advantage of the one-touch payments model already in place in the United States.

Venmo Touch is going live in the U.K. immediately. Braintree plans to extend support for Venmo Touch (and beef up its customer portfolio) across Europe in the coming months.

Image via Braintree

Topics: E-Commerce, Apps, Cloud, Mobility, Tech Industry

About

Rachel King is a staff writer for CBS Interactive based in San Francisco, covering business and enterprise technology for ZDNet, CNET and SmartPlanet. She has previously worked for The Business Insider, FastCompany.com, CNN's San Francisco bureau and the U.S. Department of State. Rachel has also written for MainStreet.com, Irish Americ... Full Bio

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