PayPal has entered into a global partnership with B2B ecommerce company Oro, an open-source business applications firm started in 2012 by founders and employees of Magento, the B2C ecommerce startup acquired by eBay a year earlier.
One of Oro’s core offerings is OroCommerce, which was officially unveiled a couple of months back to serve mid-size and large companies with a myriad of B2B ecommerce tools that make it easier to manage price-lists, customize catalogs, manage corporate accounts and relationships, and automate workflows.
With PayPal in tow, the duo have now created a “fully integrated payments solution” that enables Oro’s clients to provide their own customers with an easy way to pay for goods and services.
Courtesy of VentureBeats
