The two companies have created a fully integrated payments solution that streamlines workflows for Oros B2B clients so they can provide their customers a way to pay for, track and receive goods and services.
OroCommerce, built by the founders of Magento, is a B2B ecommerce platform built from the ground up to serve B2B ecommerce operational needs, including automating business workflows, streamlining buyer-seller relationships and integrating with multi-channel CRM software.
For PayPal, the new partnership is a way to move rapidly into the booming global B2B ecommerce market, projected to reach USD 12 trillion by 2020 -- a market opportunity three times the size of the B2C ecommerce market.
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