Adobe jumps into e-commerce payments business in challenge to Shopify

📆 9/15/2021 6:00 PM
📰 Reuters

⏱ Reading Time:
16 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Adobe Inc on Wednesday said it will add payment services to its e-commerce platform this year to help merchants accept credit cards and other ways of paying, deepening a rivalry with e-commerce firm Shopify Inc .

Adobe started providing software to help retailers run their online stores in 2018 when it purchased Magento Commerce from private equity firm Permira for $1.68 billion.

to process a variety of payment types, including credit and debit cards as well as PayPal's own payment and pay-later offerings. "What they're really looking for is simplicity of operations and having all of their reporting and reconciliation in a single tool set," Sheldon said.

Write Comment

Am I the only one who hates Adobe web products? I mean, will you have to be a seasoned developer just to send a dollar?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business owner reacts to sweeping vaccine mandate: Biden is 'not on the side' of small businessesA business owner who owns 36 'Great Clips' franchise locations across Iowa and Nebraska spoke out against the Biden administration's new vaccine mandate, indicating that it would further harm small businesses recovering from an already tumultuous economic recovery.
Source: FoxNews - 🏆 9. / 87 Read more »