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May 19, 2021Blog Posts

Adyen expands acquiring capabilities to Japan

Adyen

ADYEN, the global payments platform of choice for many of the world’s leading companies, today announced the expansion of its acquiring capabilities to include Japan. Adyen’s acquiring capabilities are foundational to the company’s all-in-one payment platform allowing merchants like Microsoft, Foodpanda, VanMoof, Breitling, and G-Star RAW to get the most out of each transaction with local payment processing. This announcement extends Adyen’s local acquiring capabilities in Asia-Pacific, following launches in Australia, New Zealand, Hong Kong, Malaysia, and Singapore, and is supported by demand from international and domestic merchants looking to better serve shoppers in Japan. 

The pandemic has further accelerated ecommerce growth in Japan, and as Japanese consumers continue to embrace online shopping, the use of electronic payments will rise as consumers continue to move away from cash-based payments. Nationally the Japanese government has set a goal of increasing cashless payments to about 40% of all transactions by 2025, from about 20% currently. 

“Asia-Pacific is a key growth driver for many of our international merchants, and therefore for Adyen. We’re excited to bring our full-stack solution to merchants in Japan, as more companies transition to digital payments,” said Warren Hayashi, President of Asia-Pacific, Adyen. “Merchants can discover new avenues for growth and offer richer customer experiences with our payment optimization tools and data insights.”

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The Strawhecker Group (TSG), the largest analytics and consulting firm focused on the payments acceptance industry, is proud to announce that Fiserv has won the inaugural Omnichannel Provider of the Year award. Read the press release.

Through an in-depth review and submission process, payments providers were asked to explain why their omnichannel solution provided the most seamless payment experience across in-store, online, and mobile channels.

In analyzing the submissions, and taking into special consideration which providers offered the most comprehensive and versatile solutions, Fiserv was selected for this year’s award. The flexibility of the Clover® platform for SMB merchants, coupled with the multifaceted interface of Carat, an omnichannel commerce ecosystem built for large enterprises, solidified the Fiserv team as a true leader in omnichannel commerce.

Additionally, Cybersource, A Visa Solution, received second place for its versatile gateway solution. Through integration, Cybersource is able to merge and facilitate selling through numerous channels all with centralized reporting, cementing them as TSG’s distinguished runner-up.

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