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Adobe adds payment service to its e-commerce platform

Users of Adobe’s e-commerce platform will soon be able to accept and process payments, as the company plans to add payment services to Adobe Commerce later this year.

By adding payment services to Adobe Commerce, merchants of all sizes will have access to an integrated payment solution that they can easily manage from their Adobe Commerce admin settings instead of having to rely on gateways. third-party payment.

Payment services for Adobe Commerce will be powered by the PayPal Commerce platform and Adobe merchants in the United States will be able to use them by the end of this year with support for additional territories including Canada, Australia and Western Europe, scheduled for next year.

Adobe Experience Cloud Vice President of Product and Strategy at Adobe, Amit Ahuja provided further information on the company’s extensive e-commerce offering in a press release, saying:

“In today’s rapidly changing digital economy, organizations demand flexibility and scalability in their commerce platform to support business growth and deliver seamless experiences to their customers. With the addition of payment services, we’re excited to extend our already robust set of out-of-the-box commerce features to help Adobe Commerce merchants compete effectively and win in the digital economy.

Payment services for Adobe Commerce

With Payment Services for Adobe Commerce, merchants will be able to accept a number of popular payment methods, including credit and debit cards, PayPal, and Venmo, to provide a better payment experience for their customers.

It should be noted that merchants will also be able to offer the PayPal Buy Now, Pay Later Pay In 4 option in their storefronts. This will likely help drive traffic to their storefronts, as use of buy-now, check-out services increased 88% in the first half of this year, according to Adobe’s Digital Economy Index. . Merchants will also be able to take advantage of PayPal’s support for cryptocurrency transactions and local payment methods in the future.

Adobe Commerce payment services will also offer comprehensive reporting capabilities to provide merchants with a clear view of orders and payments in their storefront, including details on volume processed, payment balance, and item-level reporting. transactions for financial reconciliation. This will help merchants to better manage their businesses and more effectively detect anomalies in ordering and post-sales flows.

Payment services for Adobe Commerce will provide merchants with access to convenient and competitive pricing for transactions with tiered pricing based on processing volume.

We’ll likely know more about payment services for Adobe Commerce ahead of its planned US launch in Q4 2021.

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