Composable commerce platform commercetools announced a collaboration with PayPal to offer a wider range of payment options for customers through the PayPal Braintree payment platform.
This integration will allow commercetools’ customers to seamlessly work with multiple payment providers, acquirers, and banks, according to a Monday (Nov. 6) press release.
Blaine Trainor, vice president of global partnerships at commercetools, said the company wants to provide global customers with more payment options, particularly for cross-border transactions.
The integration of PayPal Braintree as a commercetools Connect-ready component will speed up time to value for merchants. The goal is to deliver frictionless experiences for consumers and backend developers.
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.
David Bruce, vice president and global head of channel partnerships at PayPal, emphasized the company’s commitment to the MACH approach and composable commerce. “We are delighted to be working with commercetools to expand customer payment solutions and continue supporting MACH principles,” he said.
The integration allows merchants using commercetools to combat payment fraud while ensuring a frictionless customer experience, the companies said in a Aug. 1 press release.
Solutions will be available via commercetools’ Integration Marketplace so that merchants can implement Riskified’s Chargeback Guarantee, the release said. This offering joins the commerce functionality that commercetools offers to merchants.
Headquartered in Munich, commercetools combines cloud-native, technology-agnostic, independent components into a system that addresses specific business needs. Among its customers are brands like Audi, Danone, Eurorail, NBCUniversal, Sephora, and Volkswagen.