We are updating our Privacy Statement to support our business and ensure compliance with applicable privacy laws and regulations. Our new statement will take effect on the 14th of January 2021. On this date all Adyen Merchants will receive a Customer Area notification and the Privacy Statement will be published on our website (www.adyen.com).
A few updates to highlight:
A bit of information on the Acquiring services and Adyen’s controller role
When we provide you with Acquiring services, we process some of your customer’s personal data as a Data Controller. Acquiring services meaning payment services resulting in a transfer of funds through Adyen, which entails the authorizing, recording, clearing and settling of transactions in accordance with the Scheme Rules.
For these purposes we may collect the following data fields:
For all other services (and processing activities) provided to you, Adyen retains its role as a Data Processor and the existing Data Processing Agreement remains as is.
What does this mean for you as our Merchant?
There is no direct impact for you as a result of this, however, we do of course want to draw your attention to these changes and notify you of this role. Your existing Data Processing Agreement, which captures Adyen’s role as a Data Processor, and yours as a Data Controller, continues to apply. No amendment of the DPA is necessary.
Who does this apply to?
This applies to our Merchants who are subject to the GDPR:
If there are any questions, please reach out to your Account Manager or get in touch. Please read more about the full Privacy Statement in Annex 1.