Just Eat Takeaway.com and Adyen partner to issue cards for corporate expense programs

Adyen Inc.

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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