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

📆 9/15/2021 12:00 PM
📰 Reuters

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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.

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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?

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