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August 29, 2019
On the web
Square Competition Concern Intensifies as Key Customer Bails
Bloomberg
“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 a competitive advantage internationally, the analyst said.”
July 19, 2019
On the wires
Postmates Selects Adyen As An Additional Payments Processing Partner
prnewswire
“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 has chosen to partner with Adyen for payments,” said Kamran Zaki, President, Adyen North America. “Adyen works with a wide range of platform businesses, and as a result, we have a unique understanding of how to help them be successful. Payments is a critical step in delivering an on-demand experience and we aim to reduce friction at checkout so that our partners can delight their customers.'”
September 5, 2018
On the wires
ADYEN REJUVENATES IN-STORE PAYMENT INTEGRATION WITH AN API POS SOLUTION POWERED BY NEXO STANDARDS
“Keen to offer merchants a modern way of connecting in-store terminal hardware to its single payment platform, Adyen assessed the nexo Retailer Protocol. This protocol defines a set of interfaces between a card payment application and a retail point of sale system, and Adyen quickly found it was able to accommodate merchants’ needs in a variety of ways.”
August 30, 2018
On the web
ADYEN LAUNCHES FIRST-TO-MARKET 3D SECURE 2.0 SOLUTION TO HELP CUSTOMERS BOOST SECURITY AND AUTHORISATION RATES
Financial IT
“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 from payments fraud. It also overcomes a significant pain point of 3DS 1.0 by improving the payments experience for customers, particularly on mobile.
August 22, 2018
On the web
Adyen charges ahead in its first earnings as a public company, with H1 revenues up 67% to $180M
TechCrunch
“Adyen said it processed €70 billion in transactions in the period, up 43.1 percent compared to the same period a year ago. This puts it on track to grow processed volumes by about 50 percent for the full year. (Last year’s processed volume was €108 billion.)”
July 24, 2018
Top Post
Ebay To Add Support For Apple Pay, Partners With Square Capital On Seller Financing
TechCrunch
“Ebay announced this morning it will begin accepting Apple Pay on its marketplace starting this fall, and has also teamed up with Square Capital on seller financing. The changes come following eBay’s further distancing from longtime partner PayPal, which included the company’s switch to Adyen as its primary payments processing partner, announced earlier this year. At the time, eBay said PayPal would continue to be an option at checkout, but Adyen would become the default over time.”
June 13, 2018
Top Post
Dutch Payments Company Adyen Opens At €400/share, A Pop Of 67%, Now Valued At $16B
TechCrunch
“The share price closed at €462.50 — over 92 percent up on its price last night — giving it a market cap of over €13.6 billion, or $16 billion at current exchange rates. It’s gone as high as €503.90 today. The number moved between about €15 billion and €16 billion throughout the day. This all represents a big jump on Adyen’s valuation. In a statement last night announcing its initial offer price of €240 per share, Adyen said the figure implied a market capitalization of €7.1 billion, based on the current number of Shares outstanding.”
June 6, 2018
On the web
Adyen Provides Access To Mastercard Account Updater Service
Cards International
“Payments platform company Adyen has provided merchants with real-time access to the Mastercard Account Updater service through integration with its direct API. Adyen said that qualified merchants using its platform will now be able to enhance their revenue from card-on-file payments via automatic update of Mastercard accounts. The direct connection, which can be activated instantly, also prevents card declines associated with account changes due to a variety of factors such as expiration dates or new replacement card numbers.”
June 5, 2018
On the web
Adyen Aims For A $1B IPO, Valuing The Payments Startup At Up To $8.3B When It Lists On June 13
TechCrunch
“Adyen says that for the year ended December 31, 2017, it generated net revenue of €218 million, a rise of 38 percent over the year before, with EBITDA of €99 million, giving it an EBITDA margin of 45.5 percent. Processed volumes on its platform were €108 billion in the period, compared to just €66 billion in 2016, up 63 percent. The company counts Uber and Netflix among its customers, and earlier this year it picked up a key client in the form of eBay, which is swapping out spun-out business PayPal as its primary payment provider.”
April 18, 2018
Top Post
Adyen 2017 Revenue Crosses $1 Billion Mark; Increase Of Over $400M From 2016
“Adyen, the payments platform of choice for many of the world’s leading companies, today announced that it generated $1.14 billion in annual revenue for 2017, an increase of over $400 millionfrom 20161. Additionally, the payments services provider disclosed that it processed $1222 billion in volume for merchants in 20173, a 61 percent year-over-year increase in processed volume from 2016 to 2017.”
April 10, 2018
On the wires
Oracle Retail and Adyen Deliver Unified and Global Retail Consumer Payments
“Oracle today announced that it has awarded Adyen, the payment platform of choice for the world’s leading companies, a Gold level member of Oracle PartnerNetwork (OPN). By attaining Gold Level membership, Oracle has recognized Adyen’s ability to deliver complementary and unified payment gateways for the Oracle Retail Xstore solutions. With this relationship, Oracle and Adyen now offer a best in class, global consumer payments solution to their retail customers.”
March 14, 2018
On the wires
Adyen Doubles its Point of Sale Client List in 12 Months and Extends Unified Commerce Offer to Singapore
“Adyen, the payments platform of choice for the world’s leading companies, today announced the launch of its point of sale (POS) offering in Singapore, extending its unified commerce footprint to 27 countries and more than 4,000 cities. Highlighting the potential of Adyen’s growth in the point of sale space, new clients include ASICS, Schuh, Lush, City Sightseeing, Dunkin Donuts, Hema, Stedelijk Museum Amsterdam, Coolblue, Action, amongst many others.”
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