Payment Company Profile: Adyen
Summary
Adyen is a global payment company that enables merchants to accept payments from both online and offline channels. Launched in 2006, Adyen offers payment services to 4,500 merchants globally, enabling them to accept payments via 250 payment methods (including debit and credit cards and alternative payment solutions) in more than 187 currencies.
In addition to e-commerce payment acceptance for individual merchants, Adyen also offers MarketPay, a specialized product for online platforms and marketplaces. This service enables marketplaces to manage the entire payment process, from the onboarding of individual merchants to the final settlement of payments.
For offline payments, Adyen offers an array of traditional point of sale (POS) and mobile point of sale (mPOS) terminals to merchants in collaboration with Verifone. Adyen provides an end-to-end solution that connects merchants directly to all major and local card schemes and alternative payment methods. This way Adyen optimizes the process by acting as gateway, processor, and acquirer, eliminating the need to connect with multiple third parties in the payment process.
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