Country for PR: United States
Contributor: PR Newswire New York
Wednesday, June 02 2021 - 16:00
AsiaNet
Adyen expands its acquiring offering to the United Arab Emirates
DUBAI, UAE, June 2, 2021 /PRNewswire-AsiaNet/ --

- Adyen launches its acquiring solution in the UAE to help businesses achieve 
higher authorization rates, better customer experiences, and full unified 
commerce to support the region's thriving digital economy.

- Leading platform powers many of the world's biggest brands such as Microsoft, 
Facebook, L'Oreal, Spotify and Uber and is growing regionally with a strong 
portfolio of well-known brands -- including Foodics, Fabergé and HMSHost 
International.

ADYEN (AMS:ADYEN), the payments platform of choice for many of the world's 
leading companies, today announced the expansion of its local acquiring 
services to include the United Arab Emirates (UAE), illustrating 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, Faberge and HMSHost International.

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

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," says 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."

In the UAE, Adyen is the first and only payment provider to offer a 
single-platform unified commerce solution. 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 leading 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. 

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 the United Arab Emirates and the cooperation with Foodics, 
Fabergé and HMSHost International as described in this update underline Adyen's 
continuous expansion and growth with current and new merchants as part of its 
ordinary course of business. Adyen's Middle-Eastern headquarters is located in 
the Dubai International Financial Centre (DIFC). 

SOURCE: Adyen

CONTACT: press@adyen.com
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