back Back

Adyen expands its acquiring services to the United Arab Emirates

By Leandra Monteiro

June 02, 2021

  • Adyen
  • United Arab Emirates
Share

UAE, Adyen,Adyen, a payments platform, today announced the expansion of its local acquiring services to include the United Arab Emirates (UAE), showing 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.

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,” said 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.”

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 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.

Previous Article

June 02, 2021

ICICI Bank ties up with SWIFT to offer instant cross-border remittances

Read More
Next Article

June 03, 2021

ZebPay, a crypto asset exchange appoints Avinash Shekhar as Co-CEO

Read More









IBSi Daily News Analysis

Cybersecurity, Saudi Arabia

December 04, 2023

Adyen

Saudi Arabian firms are likely to outsource cybersecurity by next year, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

3 Pocket Money apps financially empowering children in Europe

Read More

Today

Billtrust adds new interface to its accounts receivable platform

Read More

Today

Kris+ selects Airwallex to facilitate payments & payouts in Australia

Read More

Related Reports

Sales League Table Report 2023

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q2 2023

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q3 2023

£1,500.00 / year

Know More
Next-Gen Debt Collection Systems Growing Importance of Collections Q4 2023

£500.00 / year

Know More
Treasury & Capital Markets Systems Report Q3 2023

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023