Adyen plans to increase its workforce and expand its operations in India as digital payments and cross-border commerce grow, Gary Yang, the company’s Asia-Pacific president, told Reuters.

The Dutch payments processor views India as a long-term growth market. Its prospects are linked to multinational companies entering the country and Indian businesses expanding into overseas markets, Yang said in an interview.

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“We’re continuing to ⁠hire and grow because we see significant opportunity in the market,” he said. Yang did not provide targets for India-specific hiring or growth.

Adyen has expanded its presence in the country since obtaining payment aggregator and cross-border licences in 2024. Its Indian workforce reached 120 employees in the first half of this year, 10 times its level in 2023.

The company’s pre-tax income from India rose to €3.18m ($3.5m) in 2025 from €1.45m in the previous year, according to its annual reports.

Adyen recorded global net income of €1.06bn in 2025.

Adyen processes payments for technology companies including Uber and Microsoft. It is working with companies such as software group Adobe as they develop their payments capabilities in India, Yang said.

The company is also supporting Indian customers, including travel platform Oyo, as they expand internationally.

Adyen has modified its platform to meet India’s regulatory requirements and payments infrastructure. This includes compliance with data localisation rules, as well as support for recurring payment mandates and services based on the Unified Payments Interface (UPI).

“There is no succeeding in India without UPI,” Yang said.

UPI is among the world’s largest instant payments networks and processes billions of transactions each month.

Recently, Reuters reported that the National Payments Corp of India is developing a framework that could allow artificial intelligence agents to make small digital payments without separate approval for every transaction.