##{"id":101426,"date":"2022-05-10T09:16:00","date_gmt":"2022-05-09T23:16:00","guid":{"rendered":"https:\/\/www.fnarena.com\/index.php\/2022\/05\/10\/adyen-expands-global-partnership-with-afterpay\/"},"modified":"2022-05-10T09:16:00","modified_gmt":"2022-05-09T23:16:00","slug":"adyen-expands-global-partnership-with-afterpay","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2022\/05\/10\/adyen-expands-global-partnership-with-afterpay\/","title":{"rendered":"Adyen expands global partnership with Afterpay"},"content":{"rendered":"<table border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1490851\/Logo__Adyen_green_RGB_Logo.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><i>Afterpay, known as Clearpay in the UK and <span class=\"xn-location\">Europe<\/span>, to leverage Adyen&#8217;s local acquiring across key markets<\/i><\/p>\n<p><span class=\"xn-location\">SYDNEY<\/span>, <span class=\"xn-chron\">May 10, 2022<\/span> \/PRNewswire\/ &#8211;&#160;Adyen (AMS: ADYEN), the global financial technology platform for leading businesses, today announced it has expanded upon its partnership with one of the leaders in Buy Now, Pay Later (BNPL), Afterpay Limited (ASX: APT). Afterpay is working with Adyen to process payments across key markets including <span class=\"xn-location\">Australia<\/span>, <span class=\"xn-location\">New Zealand<\/span>, <span class=\"xn-location\">Canada<\/span>, <span class=\"xn-location\">Europe<\/span>, U.S., and the U.K.&#160;to support the company&#8217;s global growth and momentum. Adyen&#8217;s global reach and focus on enterprise businesses as an acquirer provides Afterpay with the capability needed for its fast growing business.<\/p>\n<p>Adyen and Afterpay began their local payment method partnership in 2018. A number of Adyen&#8217;s merchants already offer Afterpay&#8217;s installment payments &#8211; including MandM Direct, Revolution Beauty, and Superdry &#8211; with more expected to come online. Afterpay, known as Clearpay in the UK and <span class=\"xn-location\">Europe<\/span>, is now available to Adyen merchants in the UK, <span class=\"xn-location\">France<\/span>, <span class=\"xn-location\">Italy<\/span> and <span class=\"xn-location\">Spain<\/span>.<\/p>\n<p>BNPL payment methods continue to gain global momentum. Globally,<u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&#038;l=en&#038;o=3530919-1&#038;h=4152941228&#038;u=https%3A%2F%2Fwww.adyen.com%2Fblog%2F5-things-consumers-expect-from-retailers-in-2022&#038;a=%C2%A024%25+of+consumers\" target=\"_blank\" rel=\"nofollow\">&#160;24% of consumers<\/a><\/u> have used BNPL services, with adoption highest in <span class=\"xn-location\">Sweden<\/span>, <span class=\"xn-location\">Norway<\/span>, <span class=\"xn-location\">Mexico<\/span>, <span class=\"xn-location\">France<\/span>, the <span class=\"xn-location\">USA<\/span>, and <span class=\"xn-location\">Denmark<\/span>.<\/p>\n<p>&#034;Holiday season 2021 was the holiday for BNPL &#8211; with consumers using Afterpay to pay responsibly for their holiday gifts,&#034; said <span class=\"xn-person\">Zahir Khoja<\/span>, General Manager, Afterpay Global Platform and Partnerships. &#034;Our partnership with Adyen is allowing us to bring a better way to pay to millions of shoppers across multiple regions around the world.&#034;<\/p>\n<p>&#034;We are excited to further expand our longstanding partnership with Afterpay to now include local acquiring in key markets. Afterpay is already a household name globally and we are proud to be able to continue to come together, leveraging both our technology and innovation to meet the needs of today&#8217;s evolving retail landscape,&#034; said <span class=\"xn-person\">Roelant Prins<\/span>, Chief Commercial Officer, Adyen.<\/p>\n<p><b>About Adyen<br \/><\/b>Adyen (AMS: ADYEN) is the financial technology platform of choice for leading companies. By providing end-to-end payments capabilities, data-driven insights, and financial products in a single global solution, Adyen helps businesses achieve their ambitions faster. With offices around the world, Adyen works with the likes of Cotton On Group, Nando&#8217;s, Freelancer.com, Kogan.com, Budgy Smuggler, Movember, Showpo, Rodd &#038; Gunn, and Jurlique. The cooperation with Afterpay as described in this update underlines Adyen&#8217;s continuous growth with current and new merchants over the years.<\/p>\n<p><b>About Afterpay Limited<br \/><\/b>Afterpay is transforming the way we pay by allowing customers to buy products immediately and pay for their purchases over four installments. The service is completely free<sup><sup>[1]<\/sup><\/sup>&#160;for customers who pay on time &#8211; helping people spend responsibly. As of <span class=\"xn-chron\">December 31, 2021<\/span>, Afterpay is offered by more than 122,000 of the world&#8217;s favorite retailers and more than 19 million active customers have adopted the service.<sup><sup>[2]<\/sup><\/sup><\/p>\n<p>Afterpay is currently available in <span class=\"xn-location\">Australia<\/span>, <span class=\"xn-location\">Canada<\/span>, <span class=\"xn-location\">New Zealand<\/span>, <span class=\"xn-location\">the United States<\/span> and the <span class=\"xn-location\">United Kingdom<\/span>, <span class=\"xn-location\">France<\/span>, <span class=\"xn-location\">Italy<\/span> and <span class=\"xn-location\">Spain<\/span>, where it is known as Clearpay. Afterpay is on a mission to power an economy in which everyone wins. Afterpay is a wholly owned subsidiary of Block, Inc. (NYSE: SQ).<\/p>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"0\" class=\"prnbcc\">\n<tbody>\n<tr>\n<td class=\"prngen3 prnsbtb1 prnrbrb1 prnbbbs prnsblb1\" colspan=\"1\" rowspan=\"1\"><\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"2\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><sup><sup>1<\/sup><\/sup>&#160;Late fees may apply. Eligibility criteria apply. See afterpay.com for full terms.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"2\" rowspan=\"1\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><sup><sup>2<\/sup><\/sup>&#160;Figures released in Block Q4 2021 results<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>&#160;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Afterpay, known as Clearpay in the UK and Europe, to leverage Adyen&#8217;s local acquiring across key markets SYDNEY, May 10,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[105],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/101426"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=101426"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/101426\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=101426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=101426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=101426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}