The new service, which PayPal has nicknamed PPCP, is an attempt to bring small and mid-sized merchants the processing muscle of PayPal’s unbranded Braintree unit, which caters to larger global merchants. While Braintree can provide the customization that larger clients want, PPCP will be a simpler off-the-shelf offering.
The company’s unbranded processing overall, for all company sizes, accounted for about a third of PayPal’s volume last year, the company said.
