San Francisco, April 12 /PRNewswire/ – Adyen is the first company to introduce the payment method outside the block system
Adyen (AMS: ADYEN), the global financial technology platform of choice for business leaders, has partnered with Cash App (Block, Inc.) to offer Cash App Pay, a mobile payment method, to Adyen customers in the United States. Businesses with Adyen have access to Cash App Pay as an integrated payment method for their US customers. The payment method will soon be available online and in stores next year.
By offering Cash App Pay, businesses that work with Adyen can offer their customers a convenient and easy way to pay using their linked cash app balance or debit card. The Cash App integration also gives Adyen business customers access to the 80 million annual active users of the Cash App, who make up a third of Millennials and Generation Z consumers in the United States. This gives customers access to a seamless and secure checkout experience that offers high approval rates and a simplified shopping experience.
“We are excited to partner with Adyen to bring Cash App Pay to more businesses across the United States,” said Owen Jennings, Chief Operating Officer of Cash App. “As the first fintech platform to integrate with the Cash App Pay ecosystem working together, we applaud the value it brings. This partnership is for our clients and the companies that work with Adyen.”
Roelant Prins, CCO at Adyen, said: “At Adyen, we are constantly adding new payment methods to ensure our business can meet its end customers wherever they are. We are very pleased to announce this strong partnership with the Cash App team. We are excited to see how we can continue our partnership to provide service Optimized for businesses and their customers.”
Information about Adyen
Adyen (AMS: ADYEN) is the financial technology platform of choice for leading companies. By offering comprehensive payment capabilities, data-driven insights, and financial products in one global solution, Adyen helps companies achieve their goals faster. Adyen has offices all over the world and is among the collaboration partners Facebook, Uber, H&M, eBay and Microsoft. The partnership with Cash App described in this update demonstrates the continued expansion of payment methods supported by Adyen over the past few years.
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