Adyen is the merchant account provider for companies like Facebook, Netflix, Airbnb, Spotify, Dropbox and, the list goes on to include many of the world’s most successful online merchants. Adyen’s headquarters are in Amsterdam, but it has offices throughout Europe, in San Francisco and New York, Singapore. Shanghai, Sydney, São Paulo and Mexico City.
Adyen Credit Card Processing & Payment Services
Adyen Payments
Adyen has a range of over 250 payment solutions for accepting payments online, by mobile and POS. These include: –
- MasterCard
- Visa
- American Express
- Discover
- PayPal
- Apple Pay
- Android Pay
- Diners Club International
- IDeal
- QIWI
- Alipay
- Bancontact
Other Adyen Products and Services
- Adyen MarketPay
Adyen Pricing & Fees
Adyen’s comprehensive pricing and fees are listed on their site. Adyen doesn’t charge a setup fee.
Europe – Fees: –
- Credit cards – the credit card commission is charged per transaction, and consists of three parts: – acquirer mark-up of 0.60%, Interchange fee, Card Scheme Fee
Payment Method Processing Fee Payment Method Fee
Mastercard €0.10 Interchange ++(0.90%-1.10%)
Visa €0.10 Interchange ++ (0.90%-1.10%)
Cartes Bancaires €0.10 Interchange ++ (0.90%-1.10%)
Bancontact €0.10 Interchange ++ – Limited POS
American Express €0.10 3.95% Limited POS
- Other Payment Methods
Payment Method Processing Fee Payment Method Fee
SEPA Direct Debit €0.10 €0.25
Sofot €0.10 1 – 5% (industry dependent)
Giropay €0.10 1.30% + €0.20
iDEAL €0.10 €0.35
Multibanco €0.10 2.10% + €0.22
EPS €0.10 1.30% + €0.20
Source: Adyen Pricing
To see how that compares have a look at: 2019 UK Merchant Account and Credit Card Processing Fee Comparison.
Adyen Features
- Payment processing in over 150 currencies
- Dynamic Currency Conversion
- Seamless and secure checkout
- Fast integration
- Customised checkout
- One click payments
- Recurring payments
- Full suite of built-in tools
- 360-degree view of your shoppers
- Detailed insight into each transaction
- Data behind approvals and declines
- Comprehensive reports
- MarketPay for high-volume marketplaces
- Point of Sale payments
- Integrated risk management system
- Dynamic 3D Secure
- End-to-end processing in one system
- Omnichannel payments
Company Background
Adyen was founded in 2006. The founding team called the company Adyen, which means “Start over again” in Surinamese. One of its co-founders, Pieter van der Does, was CCO of Bibit Global Payment Services, a payment services provider which was acquired by the Royal Bank of Scotland in 2004. After serving on the board of RBS for 2 years, Pieter van der Does and his team, founded Adyen and he is now President and CEO of the company.
Pieter van der Does’s experience at Bibit, encouraged him and his team to develop a company which offered a single platform that works end-to-end, so no transactional data is lost. Adyen’s aim is to help merchants accept all forms of payments quickly, efficiently and securely. Adyen employs over 400 people and handles nearly 5,000 merchants worldwide.
Adyen strongly believe that their staff are their biggest asset. They employ people who are talented, take initiative and ownership, and are able to keep up with the fast growth of the company. Pieter van der Does says he believes in dialogue, not emails and his staff are encouraged to be part of a team, which is not full of egos and hierarchy.
Ayden signed it’s first global customer – Groupon – in 2009. In 2013, the company processed $14 billion of payments. This number almost doubled the following year, with processed payments topping $25 billion. In 2015, the Ayden payment platform processed $50 billion and this grew to $90 billion 2016.
Adyen Reviews
- Trustpilot: 2.5 out of 5 based on 4 reviews
Merchant Machine score: 2.5 out of 5
Website: www.adyen.com