Springtime awakens new business ideas and burgeons exciting opportunities. We at Oro, never stop revising our applications for enhancements to help our customers solve their business challenges within dynamic B2B space. New partnerships often turn instrumental in redefining how to make Oro products functionally superior and deliver even more value to OroCommerce users.
Earlier this month, Oro Inc., has globally partnered with PayPal, the famous leading online payment platform provider, to bring a new payment platform to the flourishing B2B eCommerce market. The new strategic partnership between OroCommerce and PayPal sparked the development of a fully integrated B2B eCommerce payment solution facilitating streamlined workflows and transactions. This partnership enables Oro to provide our clients with seamless payment method, ability to track shipments, and bring them a more holistic experience on the whole.
Just the same as the B2B market – before OroCommerce arrived – was missing a robust software ideally suited for complex B2B transacting, the online B2B eCommerce payments niche strived for a targeted and innovative B2B payment solution. PayPal and OroCommerce teamed up to address this need.
Bonding with OroCommerce will enable PayPal to assert itself on proliferating global B2B market projected to hit $12 trillion revenue by 2020 and leverage its unleashed potential.
According to Jason Smith, Head of PayPal Global Channel Partners, “Having been the market leader in B2C payments for more than a decade, we are now seeing a growing adoption rate of PayPal by B2B businesses”. “As the industry’s first ecommerce platform built specifically for B2B companies, OroCommerce has both the expertise and resources we need to help us deliver greater value and provide better payment experience for our B2B merchants”, he believes.
For Oro team, having such a giant among their technology partners allows to deliver greater benefits to the enterprizes growing their B2B business with the help of OroCommerce application.
“We are excited to begin a new chapter with PayPal, the largest brand in payments”, Yoav Kutner, CEO and co-founder of Oro, Inc., stated. “PayPal’s global footprint and its expansion into B2B businesses strongly align with our focus on building a flexible, seamless eCommerce solution tailored for the global B2B market.”
The occasion inspired not only the leadership of both companies, but also the entire B2B community. We’re pleased to learn that the global partnership between PayPal and Oro got into the spotlight followed by massive media pickups. The popular niche media with Venturebeat, Pymnts, and PaymentsSource among the few widely covered our collaboration with PayPal. All of this proves that the B2B space has been long waiting for a new industry-carved payment solution which has finally arrived.
Would you like to start digitizing your B2B business with OroCommerce? Contact us for more details.