Adyen, a global payments technology company, has advanced further into the retail market by providing in-store and omnichannel payment solutions for companies such as Tory Burch and Burberry, as well as L’Oreal, Kit and Ace and Scotch & Soda. Last year, the company’s in-store solution expanded to more than 2,700 brick-and-mortar stores in the U.S. and Europe.
The company’s high-profile clients have helped it increase transaction volume by 80%, totaling $90 billion in 2016. In addition, Adyen has expanded its e-Commerce business roster by partnering with Etsy, Uber, Airbnb, Facebook and Netflix.
“Adyen has become the partner of choice for companies looking to expand globally, and we’re now seeing real growth in our next big area of focus, the in-store retail payment experience,” said Co-Founder and CEO Pieter van der Does.
In 2016, Adyen also expanded its international footprint by adding the U.S., Brazil, Hong Kong and Australia to its local card acquiring capability territories.