October 23, 2012

LightSpeed and Braintree announce partnership agreement

MONTREAL and CHICAGO-- LightSpeed, a software company that helps retailers reinvent in-store shopping, and Braintree, a payments platform for online and mobile commerce, have announced a partnership agreement to launch a flexible monthly payment option for retailers. A first for the retail industry, the monthly maintenance plan is designed to help retailers manage their overall cost structure, with a level of flexibility that frees up cash flow.

Braintree stood out as the obvious choice for a partner due to its capabilities in next-generation commerce, said Dax Dasilva, founder and CEO of LightSpeed. “We have been amazed by Braintree’s professionalism, and by the company’s ability to integrate its payment platform truly at the speed of light.

Pricing for the particular plan will be $40 per month for the first User, and $20 per month for each additional User. The new monthly maintenance plan is available to all customers that renew their support subscriptions.













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