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Citigroup wants a piece of every payment made via the Internet.
So that's one less piece of the payment ecosystem (retailers) it needs to wait on to get its tech up and running.
And the more than 1,500 payments startups on Angel List that believe they have cracked the code to solve a piece of the payments puzzle attest to this.
"[The retailers] want that same piece of the payments pie," he says of the move.
And now with Braintree's new funding, we can expect there to be one more player who is vying for a piece of the payments pie.
Scruggs was no more forthcoming about what Blake had done to earn a piece of the tobacco payment that could reach fifty million dollars.
With Alibaba ploughing funds into Paytm and already holding a stake in Snapdeal, the scene is set for its arch rival Tencent — which recently invested in e-commerce giant Flipkart — to grab a piece of India's payment landscape.
But if there's a piece of the mobile payments pie to be had, you can be sure the carriers want in.
Big retail is looking to carve out a piece of the mobile payments pie, where competitors like Apple Pay, Android Pay, Samsung Pay, PayPal, Square and others now battle.
Square, Google, and many well-funded startups like Jumio are vying for pieces of the payments pie both in terms of mobile and the web.
Employer implementation of a standardized system of water break reminders at reasonable intervals, location of bathroom facilities closer to workers, and use of salaried or hourly instead of piece rate payment schemes may help address these barriers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com