Payments platform Stripe announced on Wednesday it has formed a global commerce partnership with Salesforce to power Commerce Cloud Payments and advanced commerce experiences for enterprise customers. The duo is teaming up to help retailers adapt to a reported digital spending surge.
“E-commerce spending has surged 71% globally over last year, according to Salesforce. To help enterprises adapt to a rapidly digitizing economy, Salesforce today unveiled a partnership with Stripe as part of the launch of Digital 360, a platform bringing together marketing, commerce and digital experience products to drive digital transformation in the enterprise.”
Stripe and Salesforce also revealed as part of this new platform, Salesforce Commerce Cloud is built to power commerce experiences across all digital channels, which are mobile, social, web, and in-store. While sharing more details about the collaboration, Adam Blitzer, EVP & GM, Digital, Salesforce, stated:
“Our partnership with Stripe will enable our customers to deliver just that, boosting conversion rates with a fast and easy checkout experience powered by our out-of-the-box payment solution on the leading commerce platform, Salesforce Commerce Cloud.”
Stripe went on to add that Salesforce joins hundreds of enterprises already using Stripe to scale and adapt. Stripe now counts more than 40 category leaders, companies processing more than $1 billion annually, as customers.