Just Eat Takeaway.com and Adyen partner to issue cards for corporate expense programs
PR91219
AMSTERDAM, Aug. 19, 2021 /PRNewswire=KYODO JBN/ --
Adyen (AMS:ADYEN), the payments platform of choice for many of the world's
leading companies, today announced Just Eat Takeaway.com, a leading global
online food delivery marketplace, will implement its card issuing solution in
the form of Takeaway Pay Card. Adyen's solution enables Just Eat Takeaway.com
to issue pre-funded cards to employees for meal expenses.
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While Takeaway Pay has allowed corporate clients to purchase from a broad
offering of restaurants online, employees can now use the Takeaway Pay Card
offline to spend their meal allowance for on-the-go commutes, business trips or
regular outdoor team lunches, without the hassle of submitting an expense
report. For the first round of implementation, the cards will be rolled out to
Just Eat Takeaway.com's employees in Europe. The product is also available to
Just Eat Takeaway.com's corporate clients in the Netherlands, Germany, and
Poland, with more countries to follow soon, and can be used at listed food and
beverage establishments that accept Maestro and Mastercard.
Adyen Issuing provides an expense management solution that handles the
end-to-end process in a single platform, allowing for greater flexibility on
card usage and real-time confirmation of payments. Adyen can provide virtual
and physical cards to its merchants, so businesses have more control and
traceability of cash flows both to suppliers and from employees.
"Thanks to Adyen Issuing, employees can shop at hundreds of thousands of
offline restaurants and shops — no expense report necessary. No matter if
employees are at home, on-the-go or visiting dine-ins, Takeaway Pay is the
benefit that serves employees with the most holistic food benefits," says Imad
Qutob, Sr. Director Corporate Solutions at Just Eat Takeaway.com.
"We're thrilled to see more use cases of our issuing solution being
implemented," said Kamran Zaki, COO of Adyen. "Not only does our issuing
solution make it easy for Just Eat Takeaway.com and its clients' employees to
shop and dine, but their HR teams also benefit from the instant and transparent
overview of employee spending."
About Adyen
Adyen (AMS: ADYEN) is the payments platform of choice for many of the world's
leading companies, providing a modern end-to-end infrastructure connecting
directly to Visa, Mastercard, and consumers' globally preferred payment
methods. Adyen delivers frictionless payments across online, mobile, and
in-store channels. With offices across the world, Adyen serves customers
including Facebook, Uber, Spotify, Casper, Bonobos and L'Oreal. The cooperation
with Just Eat Takeaway.com as described in this merchant update underlines
Adyen's continuous growth with current and new merchants over the years.
About Just Eat Takeaway.com
Just Eat Takeaway.com (LSE: JET, AMS: TKWY, NASDAQ: GRUB) is a leading global
online food delivery marketplace outside China. Headquartered in Amsterdam, the
Company is focused on connecting consumers and restaurants through its
platforms. With over 580,000 connected restaurants, Just Eat Takeaway.com
offers consumers a wide variety of food choice. Just Eat Takeaway.com mainly
collaborates with delivery restaurants. In addition, Just Eat Takeaway.com
provides its proprietary restaurant delivery services for restaurants that do
not deliver themselves.
SOURCE Adyen Inc.
CONTACT: press@adyen.com
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