SAP Announces New Commerce Cloud Payment Solution, Drawing On Vast Partner Ecosystem To Help Retailers Gain An Edge
SAP News, Thursday, March 14th, 2024
SAP SE announced a new composable payment solution to help retailers stay ahead of changing customer expectations. The new solution, SAP Commerce Cloud, open payment framework, helps retailers become more agile as new payment options - such as buy now, pay later - gain popularity.
The framework integrates SAP Commerce Cloud with numerous third-party payment service providers (PSPs), including Stripe, Adyen, Worldpay and Airwallex, based on their specific use case. Additionally, SAP's composable architecture allows retailers to cherry-pick payment partners tailored to their unique needs and international markets, enabling them to build at their own pace, scale their business faster and avoid being confined to a single provider.