This extension is designed to simplify the payment process for an online store. The store owner can add Braintree as a payment method for the products.
OverviewBack to top
Braintree, a division of PayPal, is a company based in Chicago that specializes in mobile and web payment systems for e-commerce companies. Braintree payment gateway is one of the most secure and reliable payment method these days. Braintree Payment Gateway extension allows the admin to add Braintree payment method for the customers. This module is designed to simplify the payment process for any online store. Using this module, the customers can do the transaction by almost all kinds of payment cards without redirecting to any payment gateway website.
The admin can void or cancel the order online and can do an online refund. The amount of canceled transaction will be refunded directly to the customer's account using Braintree payment gateway. This module also offers real-time notifications regarding transaction disbursed, disbursement, disbursement exception, dispute opened, dispute lost, dispute won via webhooks.
Note - Braintree does not have setup fees or monthly charges. Any user can create their free sandbox account here. No fee is required for setting up the free sandbox account. The user can create production account here. The rates and fees charged by Braintree Payment Solutions are economical, find more about pricing here.
2.9% + $0.30 transaction fee for everything except Bitcoin.
1% for Bitcoin (after the first $1 million processed).
You’ll be responsible for chargebacks, though, which come with a reasonable $15 fee.
Security and Compliance
At Braintree, the security of data is highly important and they take security vulnerabilities very seriously. Braintree has taken vital steps to safeguard the customer information. Braintree environment meets the highest industry standards and guidelines like level 1 PCI compliant, industry recognition, no prohibited data storage, data encryption via the Braintree Vault, authentication & session management, activity monitoring, and testing. Cardholder data is managed in the Braintree Vault, using multiple encryption keys with split knowledge and dual control.
Also, Braintree requires users to authenticate every time they log into the control panel. Passwords are never stored directly in the database. Braintree is a validated Level 1 PCI DSS compliant service provider. PCI Compliance is an industry-mandated security standard that applies to all businesses that handle, process or store credit cards.
For additional information, you may visit the security page on Braintree site.
Use Case of Braintree Payment Gateway -
Braintree Payment Gateway extension is a premium solution for simplifying the payment process because the customers can make easy payments without actually redirecting to any other website. Also, this module allows card payments as well as Paypal payments. The admin can cancel the payment without any hassle using the void option available in the admin panel. The payment will be refunded to customer's account directly.
Features of Braintree Payment Gateway -
Accept both card entry and PayPal account.
Use Drop-In UI to accept payment from a supported credit card or PayPal from buyers.
Allow activating cron job using C panel for automatic capture invoice on transaction settled.
Online void transaction on Cancel and Void order from admin panel.
Separate Braintree transaction order grid.
Webhook notification to update Braintree order comment status on Braintree transaction i.e transaction disbursed, disbursement, disbursement exception, dispute opened, dispute lost, dispute won.
Admin can enable vault for store the information.
Enable/disable payment method from admin panel.
Ability to Refund if an invoice has been generated.
Work-Flow of Braintree Payment Gateway -
After the installation, the admin will enable the Braintree payment gateway module. Then, configure the Braintree payment method settings like title, enable vault, minimum and maximum order total, choose the countries for which this payment method should be available, set order status and sort order.
Admin will also provide merchant account ID, merchant ID, public key, private key which will be provided by the Braintree payment gateway after creating the Braintree account.The buyers can opt for the Braintree payment method on the checkout page for making the payment.
The admin can see the list of all the transaction in the store account as well as in the Braintree account also. The admin can void or cancel the order online and can check the void order transaction detail also. The admin can generate the invoice if the Braintree transaction status is settled.The admin can do online refund by Braintree payment gateway module and can generate credit memo.
This module also offers real-time notifications regarding transaction disbursed, disbursement, disbursement exception, dispute opened, dispute lost, dispute won via webhooks.
Benefits of Braintree Payment Gateway -
The customers are not redirected to any payment gateway website while making online payments.
Accept payment from almost all kinds of cards.
By enabling vault, the admin can store the customer's information.
The admin and the seller can make easy refunds.
The amount of canceled transaction will be refunded directly to the customer's bank account.
Demo - You can check the live demo here.
Release NotesBack to top
- Compatible with CE: 1.6 1.6.1 22.214.171.124 1.7 1.8 1.8.1 1.9 1.9.1 1.9.2 1.9.3
- Stability: Stable Build
-------------------------------- Version 0.1.0 --------------------------------------
+ Accept main credit cards worldwide: Visa, MasterCard, American Express
and other credit cards for payment from buyers using Magento credit
+ Automatic card refund by admin for any placed order
+ Enable/disable payment method from admin panel
+ Enable vault to store information about the buyer.
- Accept main credit cards worldwide: Visa, MasterCard, American Express
and other credit cards for payment from buyers using Magento credit card
+ Use Drop-In UI to accept payment from supported credit card or PayPal
+ Cron setup (using cpanel) to automatically capture invoice for settled
+ Online void transaction on Cancel and Void order from admin panel
+ Separate Braintree transaction order grid
+ Webhook notification to update braintree order comment status on
braintree transaction DISBURSEMENT_EXCEPTION, DISBURSEMENT,