Adobe is adding payment services to Adobe Commerce, a move that will allow merchants to avoid the need to integrate with third-party payment services, according to a press release.
Powered by the PayPal Commerce Platform, the services will be available to Adobe merchants in the U.S. in the fourth quarter of this year, the release stated. They will be available in Canada, Australia and Western Europe in 2022.
“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 Adobe Vice President of Experience Cloud Product and Strategy Amit Ahuja in the release. “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.”
Adobe payment services will let merchants accept payment methods, such as credit and debit cards, PayPal and Venmo, the release stated. It will also provide merchants with the option to use PayPal’s buy now, pay later (BNPL) solution.
According to the Adobe Digital Economy Index, which was cited in the release, BNPL use grew 88% between 2019 and the first half of this year.
Sezzle CEO Charlie Youakim told PYMNTS this week that the use of BNPL can benefit merchants and customers alike.
With BNPL, merchants can generate sales they might have otherwise missed. Many customers will decide against purchases even if they have the money, simply because they want to stick to a budget.
“Having a BNPL option available for that customer allows [small- to medium-sized businesses (SMBs)] to creditize that debit card,” Youakim told PYMNTS. “Customers transacting on debit cards are spending less, and they’re also less likely to spend overall because they’re going to think about budgeting. If you can creditize that debit card through BNPL products, you’re going to enable that purchase today.”