Adyen, the Netherlands-based multichannel payment company, has expanded its credit card acquiring platform to Brazil, Hong Kong and Australia.
The company already operates in the US and European market as an acquirer.
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Now, merchants with customers in Brazil, Hong Kong and Australia can also process credit cards locally through Adyen’s platform.
Adyen claims that its credit card acquiring platform is convenient, as it eliminates the need to run payments through multiple third party acquirers in each region.
The company has updated its platform, which now directly connects to all card networks on a global scale.
Adyen chief commercial officer Roelant Prins said: “We founded Adyen in order to provide a payments technology which maximizes conversion rates and accelerates expansion for global businesses.
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By GlobalData“The only way to truly achieve this is to retain complete control of the payment, from the moment the customer inserts his card or hits ‘pay’, to settling the amount in the merchant’s account. Global acquiring is a fundamental part of that process.
“We don’t do this through acquisition or partnerships; everything that goes on under the hood is 100% Adyen.”
