Etsy, the online marketplace, has partnered with Adyen to enhance the payment experience for its global buyers and sellers. The marketplace will be adding redundancy and resiliency to its payment platform, which will enable buyers to use their preferred local currencies and payment methods.
The partnership will cover the U.S., Europe and other key areas where Etsy operates marketplaces and provides services to its 1.7 million sellers.
“Our goal at Etsy is to leverage technology to bring people together through commerce,” said James Esposito, Senior Director of Payment Operations at Etsy in a statement. “Working with Adyen enables us to further optimize the buying and selling environment for our community. We believe that this relationship will strengthen our ability to disburse payments to sellers quickly and reliably as well as our ability to offer our buyers the opportunity to pay with their payment method of choice.”