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TheoL
2021-09-15

Wow this is going to be a game changer for the creative industry

Adobe jumps into e-commerce payments business in challenge to Shopify

Sept 15 (Reuters) - Adobe Inc on Wednesday said it will add payment services to its e-commerce platf

Adobe jumps into e-commerce payments business in challenge to Shopify

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JeremyKok
·2021-09-16
they may be too late in the market. but will depend if the payment system they provide is way better than their competition.
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Tenten
·2021-09-15
Maybe
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NEWBIE
·2021-09-15
hopefully
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Sheldon told Reuters that the processing deal with PayPal is not exclusive, and as Adobe expands further internationally after 2022, it may work with other processors.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Adobe jumps into e-commerce payments business in challenge to Shopify</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAdobe jumps into e-commerce payments business in challenge to Shopify\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-15 21:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Sept 15 (Reuters) - <a href=\"https://laohu8.com/S/ADBE\">Adobe&nbsp;Inc</a> on Wednesday said it will add payment services to its e-commerce platform this year to help merchants accept credit cards and other ways of paying, deepening a rivalry with e-commerce firm <a href=\"https://laohu8.com/S/SHOP\">Shopify Inc</a> .</p>\n<p>Adobe started providing software to help retailers run their online stores in 2018 when it purchased Magento Commerce from private equity firm Permira for $1.68 billion.</p>\n<p>Adobe will roll out the new payment system by the end of this year in the United States and is tapping <a href=\"https://laohu8.com/S/PYPL\">PayPal&nbsp;Holdings</a>&nbsp;to process a variety of payment types, including credit and debit cards as well as PayPal's own payment and pay-later offerings.</p>\n<p>Until now, Adobe's e-commerce customers have had to build their own payment systems. That works for larger businesses that can negotiate with payment processors, but Adobe wanted a simpler service for smaller merchants, Peter Sheldon, senior director of commerce strategy at Adobe, told Reuters in an interview.</p>\n<p>\"What they're really looking for is simplicity of operations and having all of their reporting and reconciliation in a single tool set,\" Sheldon said.</p>\n<p>Payments are a big part of the e-commerce business. 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Sheldon told Reuters that the processing deal with PayPal is not exclusive, and as Adobe expands further internationally after 2022, it may work with other processors.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHOP":"Shopify Inc","PYPL":"PayPal","ADBE":"Adobe"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167595949","content_text":"Sept 15 (Reuters) - Adobe Inc on Wednesday said it will add payment services to its e-commerce platform this year to help merchants accept credit cards and other ways of paying, deepening a rivalry with e-commerce firm Shopify Inc .\nAdobe started providing software to help retailers run their online stores in 2018 when it purchased Magento Commerce from private equity firm Permira for $1.68 billion.\nAdobe will roll out the new payment system by the end of this year in the United States and is tapping PayPal Holdings to process a variety of payment types, including credit and debit cards as well as PayPal's own payment and pay-later offerings.\nUntil now, Adobe's e-commerce customers have had to build their own payment systems. 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There's a lot of money that flows between hands in the payments world.\"\nAdobe said it plans to expand to territories such as Canada, Australia and Western Europe in 2022. 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