SAP, a global leader in enterprise application software, has teamed up with PayPal.
In brief:
- This partnership has been forged to address the growing need for streamlined and efficient digital payment processes.
- Leveraging SAP BTP to build its digital payments processing solution, PayPal will now offer a plug-in for SAP customers to manage payments easily online.
- SAP customers can use digital wallets, automated clearing houses (ACH) and credit cards for sending and receiving payments across organizations.
What does this mean?
David Bruce, VP, Channel Partnerships at PayPal, said, “The payments space has undergone unprecedented disruption over the past couple years, driving companies to embrace more customer-centric, agile payments environments. That’s why PayPal teamed up with SAP to develop the PayPal Braintree digital payments app, providing consistent, standard access for SAP customers to connect with PayPal’s payment processing solutions. We hope this is the first of many adaptors built on SAP BTP.”