PayPal & commercetools team to enhance checkout experience
By Delisha Fernandes
Composable commerce platform commercetools announced partnership with PayPal to offer a wider range of payment options for customers via the PayPal Braintree payment platform.
The new integration allows commercetools’ customers to seamlessly work with multiple payment providers, acquirers, and banks to optimize their customers’ experiences.
“To provide our global customers with a solution that enhances their payment options, we wanted to implement a fintech solution for cross-border transactions to hundreds of global markets,” said Blaine Trainor, Vice President of Global Partnerships at commercetools. “PayPal’s association with MACH technology, cemented by their recent distinction as the MACH Alliance’s first supporting member, makes them the ideal partner for this transformative endeavor.”
The features of this collaboration include expanded payment options, such as debit and credit cards, digital wallets, PayPal Later, and local payment methods, which will be available in over 200 markets and 135 currencies. Additionally, integrated and customizable fraud tools will be provided, including risk services like fraud protection on eligible transactions and dispute automation.
“The PayPal Channel Partner team strongly advocates for composable commerce and is dedicated to the MACH approach,” said David Bruce, Vice President and Global Head of Channel Partnerships at PayPal. “With this being said, we are delighted to be working with commercetools to expand customer payment solutions and continue supporting MACH principals.”
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