Auctionbytes-NewsFlash, Number 2239 - March 09, 2010 - ISSN 1539-5065
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Magento Integrates PayPal into Ecommerce Selling Solution
By Ina Steiner
AuctionBytes.com
Reading AuctionBytes: Magento Integrates PayPal into Ecommerce Selling Solution
Magento will offer PayPal to online retailers through its open-source shopping solutions later this year. Magento will integrate PayPal and will promote the online payment service to its merchants and developers. PayPal and Magento have agreed to co-market their services and will collaborate on product development.
Magento Community is an open source solution offered to developers at no charge; Magento Enterprise pricing starts at $11,125/year.
Osama Bedier, PayPal's Vice President of platform and emerging technology, said, "We believe that Magento's and PayPal's services are ideal for merchants looking for a faster, more cost-effective way to do business online."
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