From Yahoo Finance: 2025-03-27 10:16:00

Germany-based commercetools has launched Payment Hub, offering enterprises full control over payment strategies and potential cost savings by eliminating premium fees. The alliance with Stripe allows direct negotiation with payment providers, avoiding proprietary systems. The platform features pre-built integrations, simplified setup, and the ability to activate/deactivate providers for cross-border transactions and diverse payment methods. Additional integrations are expected soon.

Commercetools’ chief product officer emphasizes the focus on delivering commerce software and innovations without hidden fees, vendor lock-in, or inflated transaction costs. Stripe’s global alliances lead praises commercetools’ ability to create powerful composable commerce experiences. The new integration allows users to build robust payment experiences quickly and efficiently.

The unveiling of Payment Hub by commercetools provides enterprises with a tool to manage payment gateways directly within the Merchant Center or Solution Hub. The platform ensures businesses can secure the best payment partnerships without sacrificing revenue for convenience, emphasizing a commitment to delivering the best commerce software and innovations.



Read more at Yahoo Finance: Commercetools unveils Payment Hub