Adobe is soon releasing Payment Services for Adobe Commerce, enabling its online merchants to access a secure and integrated payment solution that can be managed from Adobe Commerce Admin instead of integrating with third-party payment providers.
Powered by the PayPal Commerce platform, Payment Services for Adobe provides a range of benefits to merchants including ease of accepting and processing payments, being able to offer PayPal pay later solutions, and competitive processing fees for transactions with tiered rates based on volumes.
All payment and transaction data will be accessible within the Adobe Commerce Admin meaning merchants no longer need to contend with multiple logins and other disjointed user experiences to process payments.
Payment Services will also offer comprehensive reporting capabilities to provide merchants with a view of store orders and payments, including details about processed volume, payment balance and transaction-level reporting for financial reconciliation. In addition, merchants will see the complete order flow from when an order is placed to settlement in a single dashboard.
“In today’s digital economy, organisations demand flexibility and extensibility in their commerce platform to sustain business growth and deliver seamless experiences for their customers,” Adobe vice president of experience cloud product and strategy, Amit Ahuja said.
“With the addition of Payment Services, we are 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.”
Payment Services will be available to merchants in the US in Q4 2021 with support for additional regions including Australia, planned for 2022.