Braintree Payments is a payment processing company that provides services to businesses of all sizes. The company was founded in 2007 and is headquartered in Chicago, Illinois. Braintree Payments offers a range of payment solutions, including credit card processing, mobile payments, and e-commerce solutions. The company has been recognized for its innovative technology and has won several awards, including the 2013 Chicago Innovation Award. In 2013, Braintree Payments was acquired by PayPal, a leading online payment company. Today, Braintree Payments operates as a subsidiary of PayPal.