Adyen Review

Driven by the sole incentive to streamline payment and help money move without hassle, Adyen is now fully enabled to meet all common financial requirements. In corporate environments, it is being used to facilitate eCommerce, omnichannel, and mobile transactions, but acts nonetheless as a smart and independent tool that targets and attracts customers. To keep in line with trends, Adyen also operates on mobile devices, and makes it possible to pay and receive money wherever you may be located.

Adyen and your preferred method of payment

It is safe to assume that Adyen is a one-size-fits all transaction management system, given that it supports all credit and debit card payments, including Visa, Master, American Express, Diners Club, Union Pay, DISCOVER, Star, Pulse, Bancontact,  JCB, and NYCE. The platform also accepts Apple Pay, Android Pay, Giro Pay, iDial, Diners Club, Alipay, Hipercard, and Finish eBanking payments. Adyen fees and commissions will depend only on the amount you are transferring.

Adyen for eCommerce

Adyen drives conversions and enables mobile payments wherever you may be located, and thus makes it possible to reach out to global audiences all from a single platform. The tool uses rich data to drive revenue, and offers a full range of mobile payment functionalities to make your service more attractive. These include, among other, all major card schemes and mobile wallets such as Apple Pay and Android Pay. The process is really simple and initiated within the app, so that users can pay without friction, and without entering sensitive data on other applications.

Revenue Accelerate is another feature that deserves a look, a silent engine that works in the background of each payment, and combines factors to increase card approval rates. Thanks to it, you will also have access to a historical overview of all transactions, and pull off data relevant for your analytic operations.

Adyen for Point-of-Sale payments

Adyen is also a reliable partner for managing point-of-sale payments in US and Europe. Using it, you can forget about checkout queues and lost sales, as all Adyen terminals are NFC enabled, and support contactless payments. Adyen will provide you with a centralized view of all relevant stores and markets, and integrate with all leading POS solutions to ensure a seamless customer journey. The platform is EMV certified, and also offers remote management services for in-store hardware.

In this aspect, Adyen also made the effort to become more useful to international businesses, which is why it also accepts JCB and UnionPay cards all from the same terminal. Your customers will also find it very comfortable to pay in their own currency, given that the tool supports DCC (Dynamic Currency Conversion).

Cart & Inventory management

Another interesting possibility offered by Adyen is to install in-store kiosks, and let shoppers access all items you have available for sale. This means that they can look for a preferred size, color, or price independently, make an order, pay, and have it delivered at their door. All along, shoppers will be able to return items cross-channel, and make alterations in their cart. This is not only a cost-effective methodology, but also one that will help you sell more to customers discovering entries related to their order.

Conversion optimization

Adyen is also well-known for its immediate reaction to common flaws in legacy payment systems, thanks to which it saves 5% of declined transactions, and turns them into approvals. To do so, Adyen uses RevenueAccelerate’s automated machine learning, and builds intelligence adapt both the format and route of each payment request in real-time. In such way, the chances of approval are maximized.

Risk management

Payment transparency is one of Adyen’s leading concerns, which is why risk management is an integrated module in their payment facilitation strategy. The platform streamlines payment processes with a special Revenue Protect feature, which will grant interested shoppers undisturbed access, and yet keep fraudsters away. With Adyen in your toolkit, you will never have to worry whether your information is fully secured. All devices are PCI-DCC enabled, and fully certified for EMV Chip & PIN, EMV Chip & Sign, magnetic swipe credit, and debit transactions.