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EcommerceBytes-NewsFlash, Number 2239 - March 09, 2010 - ISSN 1539-5065    2 of 3

Magento Integrates PayPal into Ecommerce Selling Solution

By Ina Steiner
EcommerceBytes.com
March 09, 2010




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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."

About the author:

Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com.

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