Country for PR: United States
Contributor: PR Newswire New York
Thursday, September 15 2022 - 23:30
AsiaNet
Adyen selected as first financial technology platform to launch Cash App Pay
SAN FRANCISCO, Sept. 15, 2022 /PRNewswire-AsiaNet/ --

-- Adyen is first to offer the payment method outside of the Block ecosystem

Adyen (AMS: ADYEN), the global financial technology platform of choice for 
leading businesses, has partnered with Cash App (Block, Inc.) to offer Cash App 
Pay, a mobile payment method, to Adyen's U.S. customers. Businesses working 
with Adyen will have access to Cash App Pay as an integrated payment method for 
their U.S. customers. The payment method will be available online shortly and 
in-store next year.

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

By offering Cash App Pay, Adyen's businesses will be providing customers with a 
convenient and simple way to pay using their Cash App balance or linked debit 
card. This Cash App software integration will also provide Adyen's business 
customers access to Cash App's 80 million annual actives, which make up a third 
of Millennial and Gen Z consumers in the U.S. This will provide their customers 
with access to a seamless, secure checkout experience that can feature high 
authorization rates and an improved shopping experience.

"We're excited to partner with Adyen to bring Cash App Pay to more businesses 
across the U.S.," said Owen Jennings, Chief Operating Officer at Cash App. "As 
the first financial technology platform to partner with the Cash App Pay 
ecosystem, we look forward to seeing the value this partnership brings to our 
customers and Adyen's businesses."

"At Adyen, we are consistently adding new payment methods to ensure our 
businesses can meet their end customers where they are," said Roelant Prins, 
CCO at Adyen. "We are thrilled to be entering this strong partnership with the 
Cash App team. We're looking forward to seeing how we can continue to partner 
to better service businesses and their customers."

About Adyen

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 Facebook, Uber, H&M, eBay, and Microsoft. The partnership with 
Cash App as described in this update underlines Adyen's continuous expansion of 
supported payment methods over the years.

Source - Adyen Inc

CONTACT: Kayla LaDuke, kayla.laduke@adyen.com 
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