Amazon Japan Teams With Adyen for Payments

Global payments startup Adyen is partnering with Amazon Japan for payments processing and says it will improve the optimization of payments data and the overall checkout experience.

“Japan’s digital sector has seen accelerated growth in the past two years. Tapping into Adyen’s platform allows Amazon Japan to offer richer customer experiences with our payment optimization tools and data insights,” Adyen Country Manager Japan Jonathan Epstein said in a Monday (April 25) press release.

See also: Adyen to Expand Into Embedded Financial Products

Using Adyen’s platform, Amazon Japan is aiming to improve the user experience for payments and checkout. By tapping Adyen’s direct acquiring and data-rich insights, Amazon Japan will be able to offer shoppers a frictionless experience whether they’re shopping in Japan or overseas.

“We strive to provide our customers with the best shopping experience, and Adyen’s global payments expertise is a great match for Amazon’s customer-centric philosophy,” said Henri Tsuruta, head of finance, Amazon Japan Consumer Payments.

Read more: Future Group’s Secured Creditors Nix $3.4B Deal With Reliance

Adyen was founded by Pieter van der Does and Arnout Schuijff in 2006 and is headquartered in Amsterdam, the Netherlands. The FinTech platform provides a single global solution for end-to-end payments, along with data-driven insights and other financial products.

The company has offices around the globe and works with major brands like Facebook, SHEIN, Uber, Spotify, L’Oréal, Cathay Pacific, Grab, Klook and Singapore Airlines. Adyen has been working to expand the number of brands it works with.

You may also enjoy: Adyen: Platforms Help Online Merchants Borrow the Best of In-Store Experience

In an interview with PYMNTS, Adyen North America President Brian Dammeir said the eCommerce checkout experience should be as seamless as the in-store experience. While in-store payments are still in a state of change, the process is straightforward, whether tapping, swiping or dipping.

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About: While over half of SMBs believe that an all-in-one payment platform can save them time and improve visibility into cash flows, 56% believe that the solution could be difficult to integrate with existing AP and AR systems. The Future Of Business Payables Innovation Report, a PYMNTS and Plastiq collaboration, surveyed 500 SMBs with revenues between $500,000 and $100 million to explore how all-in-one solutions can exceed SMBs’ expectations and help future-proof their businesses.

This news is republished from another source. You can check the original article here

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