- Adyen launches its acquiring solution in Japan to help businesses achieve 
higher authorization rates, better customer experiences, and deeper data 
insights as the Japanese market transitions 
to online payments.

ADYEN (AMS: ADYEN), the global payments platform of choice for many of the 
world's leading companies, today announced the expansion of its acquiring 
capabilities to include Japan. Adyen's acquiring capabilities are foundational 
to the company's all-in-one payment platform allowing merchants like Microsoft, 
Foodpanda, VanMoof, Breitling, and G-Star to get the most out of each 
transaction with local payment processing. This announcement extends Adyen's 
local acquiring capabilities in Asia-Pacific, following launches in Australia, 
New Zealand, Hong Kong, Malaysia, and Singapore, and is supported by demand 
from international and domestic merchants looking to better serve shoppers in 
Japan. 

Logo - https://mma.prnewswire.com/media/1490851/Logo__Adyen_green_RGB_Logo.jpg  

The pandemic has further accelerated ecommerce growth ( 
https://c212.net/c/link/?t=0&l=en&o=3166484-1&h=2576066383&u=https%3A%2F%2Fwww.globaldata.com%2Fcovid-19-accelerates-e-commerce-market-growth-japan-says-globaldata%2F&a=%C2%A0accelerated+ecommerce+growth 
) in Japan, and as Japanese consumers continue to embrace online shopping, the 
use of electronic payments will rise as consumers continue to move away from 
cash-based payments. Nationally the Japanese government has set a goal ( 
https://c212.net/c/link/?t=0&l=en&o=3166484-1&h=1834245761&u=https%3A%2F%2Fwww.meti.go.jp%2Fpress%2F2018%2F04%2F20180411001%2F20180411001-1.pdf&a=set+a+goal 
) of increasing cashless payments to about 40% of all transactions by 2025, 
from about 20% currently. 

"Asia-Pacific is a key growth driver for many of our international merchants, 
and therefore for Adyen. We're excited to bring our full-stack solution to 
merchants in Japan, as more companies transition to digital payments. Merchants 
can discover new avenues for growth and offer richer customer experiences with 
our payment optimization tools and data insights," said Warren Hayashi, 
President of Asia-Pacific, Adyen.

Trevor Nies, Senior Director of E-Commerce Payments, Risk Operations & 
Analytics at Microsoft noted; "We have been working with Adyen since 2015 and 
have seen how Adyen has accelerated payments innovation to make payments 
faster, simple and secure. Adyen is one of our strategic partners who processes 
payments for us globally, across nearly all Microsoft products and services. We 
are excited to be one of the first to go live with Adyen in Japan and offer our 
customers a seamless payment experience." 

Adyen manages the entire payment flow, including gateway, risk management, and 
acquiring for its merchants. This means that brands can accelerate global 
expansion and optimize payment processes, while continuing to meet the 
expectations of customers. 

Adyen provides businesses with insights around local regulations, schemes, and 
payment methods with best-in-class technology, and deep acquiring expertise. 
With direct card acquiring connections with Visa, Mastercard, JCB, American 
Express, Diners, Discover, and UnionPay, transactions will be processed locally 
in Japan via the Adyen platform. Merchants can simply use Adyen's single 
platform to offer all the key payment methods that shoppers prefer, such as 
credit and debit cards, along with relevant payment methods. 

Adyen currently offers local acquiring for international cards in Australia, 
Brazil, Canada, Europe, Hong Kong, Malaysia, Singapore, Puerto Rico, New 
Zealand, and the United States.(1) 

About Adyen 
Adyen (AMS: ADYEN) is the payments platform of choice for many of the world's 
leading companies, providing a modern end-to-end infrastructure connecting 
directly to Visa, Mastercard, and consumers' globally preferred payment 
methods. Adyen delivers frictionless payments across online, mobile, and 
in-store channels. With offices across the world, Adyen serves customers 
including Facebook, Uber, Spotify, Casper, Bonobos and L'Oreal. The launch of 
Adyen acquiring in Japan as described in this update underlines Adyen's 
continuous expansion of supported payment methods and regions over the years, 
as well as its continuous growth with current and new merchants as part of its 
ordinary course of business.

(1) For more information about local acquiring and its benefits, please refer 
to: https://www.adyen.com/global-payment-processing.

SOURCE  Adyen

CONTACT: press@adyen.com