What is Adyen? Adyen Review

introduce

Adyen was founded in 2006. Initially, it only helped websites such as Facebook and Yelp to implement user payment functions. Later, with the development of mobile Internet, Adyen actively deployed mobile payments and implemented mobile payment functions for mobile apps such as Uber and Airbnb.

Divide the area

Adyen divides the world into four regions, namely APAC Asia Pacific, North America, Europe and Latin America. The charging model is a handling fee + payment method fee for each transaction. There are slight differences in the specific charging standards for each region.

Basic Information

Adyen has 800+ employees from 50+ countries

Adyen has 17 offices around the world (Amsterdam, Berlin, London, New York, Shanghai, Singapore, etc.)

Adyen’s major clients include: eBay, Uber, Spotify, Etsy, Tory Burch

Adyen supports more than 250 payment methods, including Apple Pay, Alipay, Boletos, Qiwi, Konbini, etc.

Advantages

No account opening fees

Access to a dedicated account manager and in-house support

Supports multiple bank accounts and currencies

You can use a variety of risk prevention and optimization tools provided by Adyen

Activation Process

develop

In 2015, Adyen launched an offline payment solution. After merchants install Adyen's full-featured POS machines, they can access Adyen's online payment platform.

In 2016, MarketPay was launched.

In April 2017, the company received a European banking license, which gives it the status of an acquiring bank.

In September 2017, Adyen announced the expansion of its payment processing services into Singapore through direct credit card acquiring licenses from Visa and MasterCard.

In November 2017, Adyen partnered with Air Canada to provide international payment solutions to the airline's customers.

On May 24, 2018, the company announced that it would go public via a public listing of shares in Amsterdam.

Trading Volume

In 2015, Adyen's transaction volume reached US$50 billion, providing 250 payment solutions to more than 4,500 companies.

In 2016, the company's trading volume increased to $90 billion from $50 billion in 2015.

In China

In 2015, Adyen entered China by opening a new office in Shanghai.

Financing

December 2014, Netherlands: Third-party payment platform Adyen raised US$250 million in financing from investors including General Atlantic, Index Ventures, Felicis Ventures, and Temasek Holdings.