J.P. Morgan launches Payments Partner Network with Salesforce

By Delisha Fernandes

Salesforce announced that J.P. Morgan has unveiled its new Payments Partner Network – a marketplace powered by Commerce Cloud.

The Payments Partner Network features third-party partners integrated with the J.P. Morgan Payments platform, making it easy for clients to discover, search, and learn more about relevant J.P. Morgan partner product solutions, unlocking opportunities for growth and efficiency.

J.P. Morgan’s payments business combines the firm’s merchant services, treasury, card, and trade finance capabilities to help clients make and receive payments anytime from anywhere. The Partner Network, initially launching in ‘beta,’ is the first step in bringing together all of J.P. Morgan Payments’ integrations in a digital platform.

“Forty-five per cent of insurance or banking companies plan to prioritise building their digital marketplace in the next two years,” said Michael Affronti, SVP and GM of Commerce Cloud at Salesforce. “They are easy to scale and adjust for customer preferences, and when powered by the right technology, companies can quickly gain powerful insights through new first-party data and bring together siloed parts of the business.”

“J.P. Morgan has one of the largest payments ecosystems in the world, with hundreds of live third-party integrations spanning virtually every industry and use case. The Partner Network will make it easier for our clients to efficiently discover and assess the best product partners to suit their business needs,” said Jason Tiede, Global Head, Corporate Development and Partnerships for J.P. Morgan.

In addition to the Payments Partner Network, J.P. Morgan unveiled two new connectors for the Salesforce AppExchange – the J.P. Morgan Payments Connecter for B2B Commerce and Order Management and the J.P. Morgan Payments B2C Commerce Cartridge, both featured on the Payments Partner Network.