The collaboration between PayPal and Bold Commerce will provide retailers with the opportunity to combine payments and checkout into a single integrated solution.
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As a result of the integration of the two companies, merchants can provide platforms for placing orders for goods in all spaces of interaction with customers. Consumers will be able to place an order for the purchase of products, for example, on social networks.
Merchants can also manage and accept a full range of payment methods, including PayPal, Venmo, PayPal Pay Later solutions, credit and debit cards, and payment through a single payment service.
By combining Bold Checkout with PayPal’s offering and its more than 430 million accounts, the collaboration becomes the basis for the development of a cross-selling network for e-commerce.
Using both PayPal and Bold Commerce as a single offering, merchants can drive revenue growth by increasing the conversion of purchases on their websites and other customer interaction platforms.
Retailers can use the All-in-One solution for payments and checkout using the Bold Checkout Experience Suite. This will allow you to get more income at a lower cost of the financial resource and time.
David Bruce, vice president, and global head of PayPal Channel partnerships says that a wide choice of payment methods and flexibility have always been an important part of e-commerce. He also noted that in the current economic reality, merchants should offer an individual approach when placing orders. This solution can provide a high conversion rate.
Bold Commerce provides a high conversion, customizable checkout interface to support trading anywhere. The company offers merchants a flexible alternative to their checkout e-commerce platform.
More than 9,000 brands and retailers, including Vera Bradley, Staples Canada, Pepsi, and Mars, rely on Bold Commerce to tailor their checkout experience and maximize its completion rate.
As we have reported earlier, German Antitrust Regulator Investigates PayPal.
Serhii Mikhailov
Serhii’s track record of study and work spans six years at the Faculty of Philology and eight years in the media, during which he has developed a deep understanding of various aspects of the industry and honed his writing skills; his areas of expertise include fintech, payments, cryptocurrency, and financial services, and he is constantly keeping a close eye on the latest developments and innovations in these fields, as he believes that they will have a significant impact on the future direction of the economy as a whole.
