Adyen expands its acquiring offering to the United Arab Emirates
PR89865
DUBAI, UAE, June 2, 2021 /PRNewswire=KYODO JBN/ --
- Adyen launches its acquiring solution in the UAE to help businesses achieve
higher authorization rates, better customer experiences, and full unified
commerce to support the region's thriving digital economy.
- Leading platform powers many of the world's biggest brands such as Microsoft,
Facebook, L'Oréal, Spotify and Uber and is growing regionally with a strong
portfolio of well-known brands -- including Foodics, Fabergé and HMSHost
International.
ADYEN (AMS:ADYEN), the payments platform of choice for many of the world's
leading companies, today announced the expansion of its local acquiring
services to include the United Arab Emirates (UAE), illustrating its commitment
to the Middle East region. With acquiring capabilities in the UAE, Adyen
provides both domestic and international businesses with an improved payments
solution, allowing for higher authorization rates and improved shopper flows
with less friction. Among the first merchants benefitting from Adyen's
acquiring offering are Foodics, Fabergé and HMSHost International.
Logo - https://mma.prnewswire.com/media/1490851/Logo__Adyen_green_RGB_Logo.jpg
In the UAE, Adyen supports businesses with the same range of products and
features as in other regions, including a fully integrated anti-fraud solution,
and its revenue optimization toolkit. Covering the entire payment flow via its
single platform for online, in-store and in-app transactions, Adyen's local
acquiring helps its merchants build frictionless payment experiences for its
shoppers.
"The launch of our UAE acquiring solution allows us to offer our merchants the
local solution they have been looking for. We are ready to reduce the pain
points merchants currently see in the UAE market," said Sander Maertens, Head
of Middle East for Adyen. "We look forward to giving merchants access to a
superior acquiring solution that will future-proof their payments set-up and
drive higher results as we provide them with access to the full capabilities of
the Adyen platform."
"Our ambition is to create positive experiences for people on the move, no
matter where our guests are in their journey," says Dennis Hoogreef, VP IT and
Facilities HMSHost International. "Adyen has the capability to innovate quickly
from a technological point of view, giving us the opportunity to offer seamless
customer experiences across the markets wherein we operate. This is key for a
company like ours with global operations across local and international
markets. We are excited to be one of the first to go live with Adyen in the
UAE."
In the UAE, Adyen is the first and only payment provider to offer a
single-platform unified commerce solution. With direct card acquiring
connections to Visa and Mastercard, transactions will be processed locally in
the UAE via the Adyen platform. Further supported payment methods include
American Express, UnionPay International, Diners, Discover, JCB, WeChat and
AliPay.
Adyen's entry to the UAE is supported via its partnership with Network
International, a leading enabler of digital commerce across the Middle East and
Africa (MEA) region. Network International will support Adyen with scheme
sponsorship services for Visa and Mastercard acquiring.
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'Oréal. The launch of
Adyen acquiring in the United Arab Emirates and the cooperation with Foodics,
Fabergé and HMSHost International as described in this update underline Adyen's
continuous expansion and growth with current and new merchants as part of its
ordinary course of business. Adyen's Middle-Eastern headquarters is located in
the Dubai International Financial Centre (DIFC).
SOURCE: Adyen
CONTACT: press@adyen.com
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