Adobe Reports Payment Services for Adobe Commerce | Financial Buzz

Adobe Reports Payment Services for Adobe Commerce

Adobe Inc. (NASDAQ: ADBE) has reported the future availability of Payment Services for Adobe Commerce.  By utilizing Payment Services on their digital storefronts, Adobe merchants may have access to an integrated payment solution that can be managed from their Adobe Commerce Admin.  These payment services for Adobe Commerce will be fueled by PayPal and available to Adobe merchants by the end of this year.  “In today’s fast-moving digital economy, organizations demand flexibility and extensibility in their commerce platform to sustain business growth and deliver seamless experiences for their customers,” said Amit Ahuja, vice president, Adobe Experience Cloud Product and Strategy at Adobe. “With the addition of Payment Services, we’re thrilled to expand on our already robust out-of-the-box commerce feature set to help Adobe Commerce merchants compete effectively and win in the digital-first economy.”

“As digital commerce represents a growing share of all transactions, merchants are looking for tools that enable them to drive front-end capabilities and back-end operations of their digital storefronts. Payments is one of those key capabilities that we saw grow in importance over the past 18 months,” said Jordan Jewell, research director, digital commerce at IDC. “With payment capabilities now in its product portfolio, Adobe is better-positioned to support its merchants as a platform provider that can streamline commerce operations across the customer journey.”

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