As a preferred enterprise payments partner for Shopify, Adyen will provide large-scale customers the agility to succeed in the fast-moving ecommerce industry
Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, announces a new global partnership with Shopify, a provider of essential internet infrastructure for commerce, to strengthen ecommerce capabilities, simplify the customer journey and solve payment complexity for enterprise merchants. As part of a multi-year partner strategy, Adyen is supporting Shopify’s expansion into the enterprise segment through diversified commerce solutions for large-scale merchants around the globe to maximize revenue and scale faster.
Adyen’s single platform creates integrated global and agile payment solutions, so merchants can easily provide the best, long-term customer experience without added operational complexity or resource constraints. Adyen’s payment app on the Shopify Payment Partner Platform is expected to be available later this year and enterprise merchants can expect a more flexible approach to their payments experience.
In the future when enterprise merchants set up the components of their Shopify platform, they will be able to integrate Adyen as a payments provider. With nearly seven out of ten retailers reporting to expand into new markets this year, Adyen’s access to major payment methods combined with Shopify’s high converting checkout is a logical solution for growing enterprise businesses. (1) Adyen’s payment app is pre-built, optimizing a seamless experience for the Shopify enterprise end user. Ultimately, this removes the burden on the system integrators, allowing large businesses to accept and process payments as quickly as possible, by eliminating previous payment hurdles. The first phase of the integration with Shopify will include a payments app that will support major cards plus wallets, such as Apple Pay and Google Pay, and will be followed up by support for local payment methods (LPMs) later this year.
“Adyen’s partnership with Shopify will position their enterprise merchants to scale quickly for success since our global ecommerce payment solutions are engineered for creating seamless payment journeys,” said Roelant Prins, Chief Commercial Officer of Adyen. “Our software integration is developed entirely in-house and our technology will help Shopify enterprise merchants scale their businesses with the agility and flexibility needed for long term success.”
Shopify continues to invest in strategic partnerships and technological innovations to help shape and define the future of the enterprise ecommerce industry. Due to this integration, enterprise retailers have increased opportunities for accelerated growth and expansion: up to 55% of businesses worldwide reported being in better fiscal conditions in 2023 because of the diversified revenue generated from various global locations. (2) Enterprise customers have been awaiting a partnership where Adyen and Shopify will provide large-scale retailers a centralized system to manage commerce, payments and integrate with third party or custom systems.
Adyen’s partnership with Shopify will enable robust payments features for ecommerce enterprise merchants, along with expanded capabilities to be added in the future. Merchants will be able to customize the look and feel of their checkout without sacrificing performance, scale faster by entering new countries anywhere in the world with a global infrastructure, drive operational efficiency and cost-savings by removing the need for maintenance work and reap the benefits of a fully integrated back-end.
To learn more about how Adyen can provide enterprise payments solutions for your business, visit here.
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 Meta, Uber, H&M, eBay, and Microsoft. The cooperation with Shopify as described in this merchant update underlines Adyen’s continuous growth with current and new merchants over the years.
Shopify is a leading provider of essential internet infrastructure for commerce, offering trusted tools to start, grow, market, and manage a retail business of any size. Shopify makes commerce better for everyone with a platform and services that are engineered for reliability, while delivering a better shopping experience for consumers everywhere. Proudly founded in Ottawa, Shopify powers millions of businesses in more than 175 countries and is trusted by brands such as Allbirds, Gymshark, Heinz, Tupperware, FTD, Netflix, FIGS, and many more. For more information, visit www.shopify.com.
1) 68% of retailers plan to expand into new markets this year, according to research by Opinium Research LLC. Report is downloadable here: https://www.adyen.com/knowledge-hub/retail-report
2) Today’s digital conditions present new opportunities for enterprise retailers, particularly over the long run. Up to 55% of businesses reported being in a better position in 2023 because of the diversified revenue generated from operating in multiple markets, according to research by Opinium Research LLC. Report is downloadable here: https://www.adyen.com/knowledge-hub/retail-report