San Francisco · October 25, 2016
Etsy selects Adyen for global payments
Etsy’s buyers and sellers to benefit from enhanced payments experience
Adyen, the payments company powering global commerce for Uber, Facebook and Netflix amongst others, today announced a global partnership with online marketplace Etsy. The technology partnership covers the United States, Europe and other key markets where Etsy operates marketplaces and provides services to its 1.7 million* sellers. Etsy has chosen Adyen to enhance the payments experience for its millions of buyers and sellers around the world.
By integrating with Adyen, Etsy is adding redundancy and resiliency to its payments platform, with a focus on providing a seamless customer experience. With Adyen, Etsy buyers globally can continue to pay using their preferred local currencies and payment methods.
“Our goal at Etsy is to leverage technology to bring people together through commerce,” said James Esposito, senior director of payment operations at Etsy. “Working with Adyen enables us to further optimize the buying and selling environment for our community. We believe that this relationship will strengthen our ability to disburse payments to sellers quickly and reliably as well as our ability to offer our buyers the opportunity to pay with their payment method of choice.”
“Some of the largest companies in the world partner with Adyen to accept payments globally, enabling them to open new markets and optimize customer conversion in existing markets,” said Kamran Zaki, Adyen’s North America President. “Etsy has built a true community-centric global and local marketplace. We are thrilled to be helping Etsy provide a seamless payments experience that its buyers and sellers depend on.”
*As of June 30, 2016
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, Microsoft, Casper, Bonobos and L'Oréal.