Fintech & Ecommerce

Adyen enables pay-over-time-option through new collaboration

The partnership comes at a great time when more people are staying home more and choosing to pay contactless

Adyen

Adyen enables pay-over-time-option through new collaboration. Source: pixabay.com

Customers will now have a transparent pay-over-time option at in-store and online checkouts. This comes as Ayden partners with Affirm.

With a few clicks, Ayden’s merchants can now accept payments in-store, in-app, or online through a single integration. Thanks to this, merchants get to provide the option to split the cost of purchases into weekly or monthly installments. Customers also get to choose a schedule that is suitable for them. Besides, the platform has no late fees or other hidden costs.

The partnership caters to both merchants and consumers. While merchants benefit by accelerating their growth, customers benefit by having convenient pay-over options.

At Adyen, we aim to give our merchants’ shoppers the best experience possible by offering all the ways they like to pay. Partnering with Affirm makes sense as the demand for pay-over-time payment solutions has only grown in recent years in the United States, especially gaining traction as more people have been staying home. Our merchants see demand from their consumers for these sorts of payment options and we’re excited to bring Affirm onto Adyen’s platform both online and in-store
Brian Dammeir, President of North America at Adyen

We’ve reported that Adyen announced the rollout of the Giving product feature that enables its merchants to accept donations during online and in-store checkout process.

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