Adyen and Afterpay partnership to include local acquiring in key markets

  • By Zilla Efrat

Buy now, pay later group Afterpay will leverage global fintech platform Adyen’s local acquiring capabilities to bolster its growth and momentum.

According to Adyen, Afterpay is working with the acquirer to process payments across key markets including Australia, New Zealand, Canada, Europe, the United States and the United Kingdom.

To do this, the two groups have expanded their local payment method partnership, formed in 2018.

Adyen says a number of its merchants already offer Afterpay's instalment payments – including MandM Direct, Revolution Beauty, and Superdry – with more expected to come online. Afterpay, known as Clearpay in the UK and Europe, is now available to Adyen merchants in the UK, France, Italy and Spain.

Roelant Prins, chief commercial officer at Adyen, notes: "Afterpay is already a household name globally and we are proud to be able to continue to come together, leveraging both our technology and innovation to meet the needs of today's evolving retail landscape."

With offices around the world, Adyen works with the likes of Cotton On Group, Nando's, Freelancer.com, Kogan.com, Budgy Smuggler, Movember, Showpo, Rodd & Gunn, and Jurlique.