SAP SE has unveiled an answer geared toward equipping retailers
with the flexibleness wanted to navigate swiftly evolving client fee
preferences. The announcement, made yesterday (Thursday), introduces the SAP
Commerce Cloud Open Fee Framework, designed to empower retailers to remain
forward of fixing buyer expectations.
The panorama of retail has been regularly reshaped by
rising fee choices reminiscent of ‘purchase now, pay later,’ prompting retailers to
adapt quickly. SAP’s newest innovation addresses this demand for agility by
integrating its famend SAP Commerce Cloud platform with a plethora of
third-party fee service suppliers (PSPs), together with Stripe, Adyen,
Worldpay, and Airwallex.
Sven Denecken, SVP, World Head of Product Advertising and marketing, SAP SE, Supply: LinkedIn
“SAP’s unmatched {industry} experience is the inspiration of our
technique, because it permits us to deeply perceive the complexities of delivering
seamless and constructive buyer experiences that reinforce the model promise
with each interplay,” mentioned Sven Denecken, the Senior Vice President and
World Head of Product Advertising and marketing for SAP Industries & CX. “SAP’s distinctive,
industry-led method to composability locations the retailer’s digital commerce
wants entrance and heart whereas we work with them to handle their digital transformation,
navigate pathways to sustainable progress, and ship on {industry} expectations.”
Key to the answer’s enchantment is SAP’s composable
structure, which permits retailers the liberty to pick fee companions
tailor-made to their distinctive necessities and geographic markets. This modular
method not solely permits retailers to construct at their very own tempo but in addition
facilitates fast scalability whereas avoiding dependence on a single supplier.
Elevating the Buyer Checkout Expertise
The seamless integration capabilities of SAP Commerce Cloud
streamline the adoption of PSPs, eliminating the complexity related to
integrating and deploying extensions to the commerce codebase. Furthermore, the
framework’s extensibility and headless structure be certain that front-end and
back-end operations stay decoupled, empowering retailers to cater to numerous
channel necessities and seamlessly incorporate new options.
The answer focuses on enhancing the shopper checkout
expertise. By providing a big selection of fee strategies and guaranteeing a clean,
frictionless course of, retailers can increase buyer satisfaction and loyalty.
One of many notable options of the SAP Commerce Cloud Open
Fee Framework is its no-code, low-code method, which gives retailers
with an economical, adaptable, and agile funds system. Overlaying a
complete vary of fee wants and end-to-end processes, together with
authorization, seize, refunds, and re-authorization, the answer prioritizes safety and compliance requirements.
SAP SE has unveiled an answer geared toward equipping retailers
with the flexibleness wanted to navigate swiftly evolving client fee
preferences. The announcement, made yesterday (Thursday), introduces the SAP
Commerce Cloud Open Fee Framework, designed to empower retailers to remain
forward of fixing buyer expectations.
The panorama of retail has been regularly reshaped by
rising fee choices reminiscent of ‘purchase now, pay later,’ prompting retailers to
adapt quickly. SAP’s newest innovation addresses this demand for agility by
integrating its famend SAP Commerce Cloud platform with a plethora of
third-party fee service suppliers (PSPs), together with Stripe, Adyen,
Worldpay, and Airwallex.
Sven Denecken, SVP, World Head of Product Advertising and marketing, SAP SE, Supply: LinkedIn
“SAP’s unmatched {industry} experience is the inspiration of our
technique, because it permits us to deeply perceive the complexities of delivering
seamless and constructive buyer experiences that reinforce the model promise
with each interplay,” mentioned Sven Denecken, the Senior Vice President and
World Head of Product Advertising and marketing for SAP Industries & CX. “SAP’s distinctive,
industry-led method to composability locations the retailer’s digital commerce
wants entrance and heart whereas we work with them to handle their digital transformation,
navigate pathways to sustainable progress, and ship on {industry} expectations.”
Key to the answer’s enchantment is SAP’s composable
structure, which permits retailers the liberty to pick fee companions
tailor-made to their distinctive necessities and geographic markets. This modular
method not solely permits retailers to construct at their very own tempo but in addition
facilitates fast scalability whereas avoiding dependence on a single supplier.
Elevating the Buyer Checkout Expertise
The seamless integration capabilities of SAP Commerce Cloud
streamline the adoption of PSPs, eliminating the complexity related to
integrating and deploying extensions to the commerce codebase. Furthermore, the
framework’s extensibility and headless structure be certain that front-end and
back-end operations stay decoupled, empowering retailers to cater to numerous
channel necessities and seamlessly incorporate new options.
The answer focuses on enhancing the shopper checkout
expertise. By providing a big selection of fee strategies and guaranteeing a clean,
frictionless course of, retailers can increase buyer satisfaction and loyalty.
One of many notable options of the SAP Commerce Cloud Open
Fee Framework is its no-code, low-code method, which gives retailers
with an economical, adaptable, and agile funds system. Overlaying a
complete vary of fee wants and end-to-end processes, together with
authorization, seize, refunds, and re-authorization, the answer prioritizes safety and compliance requirements.
