Ayden Adds Local Payment Methods in Global Markets to E-Commerce Platform

March 15, 2011

Adyen, an Internet payment solutions provider, now accepts local payment methods across four continents. The company said it has expanded its global reach by adding new payment methods to its platform in Canada (Interac Online), Latin America (Hipercard, Aura and cash-based payment methods Boleto Bancario, PagoFacil and Servipag), Russia (Webmoney and Yandex) and China (Alipay and Tenpay). “The payment culture across the world is diverse, and poses multiple challenges for merchants who seek to expand their business internationally,” said Roelant Prins, chief commercial officer for Adyen. “In combination with shorter expiration dates, longer settlement periods and difficult reporting, handling the payments in these emerging countries is further complicated. At Adyen we see it as our role to help our merchants succeed by having the most appropriate approach to each local market.”