SAP, a global leader in enterprise application software, has teamed up with PayPal.
This partnership has been forged to address the growing need for streamlined and efficient digital payment processes. By integrating SAP’s Business Technology Platform (SAP BTP) with PayPal’s expertise in digital payments, the collaboration aims to simplify and enhance online transactions for businesses.
SAP’s Business Technology Platform (BTP) brings together data and analytics, artificial intelligence, application development, automation, and integration in a unified environment. PayPal, on the other hand, offers a comprehensive digital payments platform, Braintree, which supports various payment methods including PayPal, Venmo, credit and debit cards, and popular digital wallets.
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. Through the PayPal Braintree Digital Payments connector, SAP customers will be able to use digital wallets, automated clearing houses (ACH) and credit cards for sending and receiving payments across organizations.
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.”
Shane Gorman, Chief Operation Officer at Business Technology Platform, SAP, said, “It’s great to see technology companies like PayPal use SAP BTP to develop standard adaptors that our customers and partners can use during an implementation for a consistent customer experience and reduced complexity.”
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