Adyen and Just Eat Takeaway.com partner for corporate expense programs
By Joy Dumasia
Adyen, the payments platform of choice for many of the world’s leading companies, 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.
Adyen Issuing provides an expense management solution that handles the end-to-end process in a single platform, allowing greater flexibility on card usage and real-time confirmation of payments. Adyen can provide virtual and physical cards to its merchants, giving businesses more control and traceable cash flows to suppliers and employees.
In 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.
Imad Qutob, Sr. Director Corporate Solutions at Just Eat Takeaway.com, said: “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.”
Kamran Zaki, COO of Adyen, said: “We’re thrilled to see more use cases of our issuing solution being implemented. 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.”
Recently, IBS Intelligence reported that Afterpay and Adyen have teamed up to offer Afterpay’s “Buy Now, Pay Later” (BNPL) service to retailers, starting with Hunter, the premium British footwear brand. Hunter can now offer Afterpay, known as Clearpay, in the UK.
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