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Zip partners with Adyen

Thursday 30 September 2021 11:28 CET | News

Zip, an Australia-based BNPL provider, has partnered with Netherlands-based payment service provider, Adyen, to provide merchants in Adyen’s network with BNPL solutions at checkout.

Some of the world’s retail and technology companies use the Adyen platform to accept payments in a single system, enabling revenue growth online, on mobile devices and at the point of sale. These merchants will now have the option to seamlessly add Zip to their checkout pages, enabling their customers to Buy Now, Pay Later (BNPL) using Zip.

Under the agreement, Adyen will also become a payment processing partner of Zip and its global affiliates, processing consumer repayments when they use a credit or debit card.

It comes as Zip and the BNPL sector continue to grow globally. Zip data shows the availability of flexible and transparent payment options is helping retailers to deliver a seamless checkout experience for consumers, while driving increased sales (+20%), Average Order Value (+60%) and Repeat Customer Rate (+80%) for some merchants.


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Keywords: Adyen, partnership, BNPL, merchants, payment processing
Categories: Payments & Commerce
Companies:
Countries: Australia
This article is part of category

Payments & Commerce