Adyen expands global partnership with Afterpay

Adyen, the global financial technology platform for leading businesses, is expanding upon its partnership with BNPL giant Afterpay.

Afterpay is working with Adyen to process payments across key markets including AustraliaNew ZealandCanadaEurope, US and the UK to support the company’s global growth and momentum.

Adyen’s global reach and focus on enterprise businesses as an acquirer provides Afterpay with the capability needed for its fast growing business.

Adyen and Afterpay began their local payment method partnership in 2018. A number of Adyen’s merchants already offer Afterpay’s instalment payments – including MandM Direct, Revolution Beauty, and Superdry – with more expected to come online.

The payment service is now available to Adyen merchants in the UK, FranceItaly and Spain.

READ MORE: Afterpay partners with EyeBuyDirect

BNPL payment methods continue to gain global momentum. Globally,  24% of consumers have used BNPL services, with adoption highest in SwedenNorwayMexicoFrance, the USA, and Denmark.

“Holiday season 2021 was the holiday for BNPL – with consumers using Afterpay to pay responsibly for their holiday gifts,” Afterpay global platform and partnerships general manager Zahir Khoja said.

“Our partnership with Adyen is allowing us to bring a better way to pay to millions of shoppers across multiple regions around the world.”

Adyen chief commercial officer Roelant Prins added: “We are excited to further expand our longstanding partnership with Afterpay to now include local acquiring in key markets.”

“Afterpay is already a household name globally and we are proud to be able to continue to come together, leveraging both our technology and innovation to meet the needs of today’s evolving retail landscape.”

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