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OroCommerce Augments B2B Payments Capabilities With Limonetik

“B2B eCommerce software provider OroCommerce is integrating payments capabilities into its platform through a new collaboration with Limonetik” reports pymnts.com. Together, the companies facilitate seamless ordering and payment of goods on the OroCommerce platform, a deal that also highlighted PayPal’s increasing presence in the B2B payments market.OroCommerce cited data from Forrester that estimates B2B buyers made at least half of their purchases online last year, up from 32 percent of purchases made online in 2014.A press release issued Monday (June 11) revealed OroCommerce is turning to the cross-border payments FinTech to provide payment services for its corporate customers via API. The solution links businesses on the OroCommerce platform to more than 125 international payment methods to pay for the goods they purchase online.The company said this growth emphasizes the importance for suppliers selling to businesses online to manage the entire customer lifecycle, including payments, particularly when reaching international buyers. “Companies must focus on their core business and on acquiring new customers, ” said Motti Danino, COO of OroCommerce, in a statement. “Our B2B eCommerce platform is a guarantee of performance and ease-of-use.
 
Source: pymnts.com



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