Payments News

On The Web

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Companies

Square Competition Concern Intensifies as Key Customer Bails

“Faucette, who has an equalweight rating on Square, said recent commentary indicates Joe & the Juice moved to competitor Adyen to gain a single global processor across all of its international markets. That suggests Square is still in the early days of developing its brand power in global markets and is less likely to offer […]
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Companies

ADYEN LAUNCHES FIRST-TO-MARKET 3D SECURE 2.0 SOLUTION TO HELP CUSTOMERS BOOST SECURITY AND AUTHORISATION RATES

“Adyen, the payments platform of choice for many of the world’s leading companies, today launched a fully-certified 3D Secure (3DS) 2.0 solution which it has made available to its customers or merchants needing a next-generation authentication solution. The first-to-market solution is based on EMVCo’s 3DS protocols and will help merchants reduce risk and protect their customers […]
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Companies

Adyen Adds Amazon Pay to Its Offering

“Dutch-based online payments firm Adyen on Tuesday said it had added Amazon Pay to its range of payment options available for customers. Adyen, which handles the online payments backend for Facebook and Uber, said it would support Amazon Pay in countries such as the United Kingdom, Germany, the Netherlands, France, Italy and Spain.”
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Companies

McDonald’s Follows eBay in Mobile-Payments Tech

“Adyen NV has clinched a deal to process McDonald’s Corp. ’s mobile app payments, beefing up the Dutch company’s portfolio of clients in an expanding sector.    McDonald’s will start using Adyen’s platform in the U.K. in the first quarter of 2020 and will spread internationally from there, Adyen said in a statement on Wednesday.”
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Companies

Openbravo and Adyen Team Up and Launch a Joint Ready to Go Solution to Help Retailers Succeed in the New COVID-19 Reality

“Openbravo and Adyen announced today that they have entered into an agreement to make Adyen’s payments platform available to Openbravo customers globally. Today’s extremely challenging market conditions due to COVID-19 have put many retailers in a difficult position, which is the main reason why both companies decided to accompany this announcement with the launch of […]
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Companies

Fintech Firm Adyen Posts 34% Surge in First-quarter Revenue As Coronavirus Bolsters Online Payments

“Dutch financial technology firm Adyen reported rising revenue and core profits in its first-quarter results Tuesday, as the coronavirus pandemic boosted online payments but impacted on margins. The company posted total first-quarter revenue of 135.5 million euros ($146.9 million), an increase of 34% from a year earlier. Adyen normally reports half-year and annual numbers, but decided […]

On The Wires

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Companies

Postmates Selects Adyen As An Additional Payments Processing Partner

“Adyen, the global payments platform of choice for many of the world’s leading companies, announced today that it has been selected by Postmates, the company that enables people to have anything they want on-demand, as one of its payment providers. Adyen provides support for select Postmates payments across the U.S.  ‘We are thrilled that Postmates […]