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Finance & Economics

Adyen expands partnership with Zalando in Europe

Aug 14, 2020

That’s the next step for Zalando’s growth at an international level

Adyen Zalando

Adyen expands partnership with Zalando in Europe. Source: unsplash.com

Adyen and Zalando expand?their partnership, as the global payments provider is set to process Zalando’s credit card payments in all European markets.

They started the collaboration in 2019 when Zalando chose Adyen for its 3DSecure 2 solution. That enabled Zalando to implement two-factor authentication in accordance with PSD2 Strong Customer Authentication.

Afterward, Adyen acted as an acquirer for Zalando in France and the Benelux. As a result, that allowed them to implement local payment methods such as Cartes Bancaires and Bancontact.

The report also states that Zalando can link directly to all major card systems and local payment methods with Adyen’s international acquiring and end-to-end solution.

Our goal is to offer shoppers the best customer journey and the payment process plays an important role in this. With its leading role in 3DSecure 2, Adyen has distinguished itself as the best solution for Zalando Payments to provide our customers’ shopping using their credit card with a seamless as possible shopping experience under the new regulations. These better 3DSecure 2 results will enable us to achieve our goals and generate additional revenue through higher authorization rates
Rick Centeno, Managing Director at Zalando Payments

We’ve reported that Adyen?has announced?the launch of its acquiring solution in Malaysia. It will help businesses achieve higher authorization rates, better customer experience, and deeper data insights as the Malaysian market shifts to online payments.

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