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 .
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.
to process a variety of payment types, including credit and debit cards as well as PayPal's own payment and pay-later offerings. "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.
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