Visma to roll out issuing with Adyen for employee expense management
Adyen announced its end-to-end card issuing solution will be implemented by Visma. With Adyen Issuing, Visma brands can create custom card programs, giving customers complete control of their expenses via a single payments platform.
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Adyen (AMS: ADYEN), the global payments platform of choice for many of the world’s leading companies, today announced its end-to-end card issuing solution will be implemented by Visma, a leading European software company ranked in the global top 10 cloud service providers. With Adyen Issuing, Visma brands can create custom card programs, giving customers complete control of their expenses via a single payments platform.
Adyen Issuing lets businesses create virtual or physical cards for a variety of commercial use cases — from paying out suppliers faster to providing employees with a user-friendly expense management program. With Adyen’s issuing solution, Visma will be able to offer its customers branded payment cards, minimizing time spent on expense reports and improving control and transparency over cash flow.
Headquartered in Oslo, Norway, the Visma group comprises of 200 software companies in 20 countries. ProActive, a provider of spend management cloud software, will be the first of Visma’s brands to implement Adyen’s solution. In the first round of implementation, ProActive will roll out thousands of issued cards to give their clients increased insight to their employees’ spending.
“With ProActive now able to offer their clients card issuing with Adyen’s solution, their business expense management offering is more holistic,” said Rudi Thomassen, Commercial Director of Visma. “Implementing Adyen Issuing with ProActive was a natural next step for us, and we are pleased to work with a forward-thinking partner like Adyen.”
“With Adyen’s API-based card system, we can give our clients a completely seamless experience,” said Heiko Bonenkamp, Managing Director of ProActive. “We believe Adyen’s state of the art infrastructure is an ideal platform for executing our ambitious growth plans going forward.”
“We are excited to build our relationship with Visma as they implement our issuing solution to streamline employee expense management,” said Kamran Zaki, COO of Adyen. “It is another great example of Adyen's issuing service being used to power a number of business solutions.”
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 H&M. The cooperation with Visma as described in this merchant update underlines Adyen’s continuous growth with current and new merchants over the years.
Visma offers software and services that simplify and digitalise core business processes in the private and public sector. The Visma group operates across the entire Nordic region along with Benelux, Central and Eastern Europe. With more than 12 000 employees, over 1 000 000 customers and net revenue of €1.7 billion in 2020, Visma is one of Europe's leading software companies.