Do I understand correctly that the business model does not compete with Visa or Mastercard, but rather cooperates with them?
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@ImmoHai in principle, they offer the processing behind it with all the trimmings. In some places it crosses over, but basically you can say that they don't compete with each other. Maybe it will happen at some point
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@ImmoHai No one can avoid payment processors like Adyen, whether shopping online or offline.
With its global orientation, Adyen has a unique selling point. If a customer does not want to have a different partner in every region, then Adyen is the only choice.
Customers are companies that sell their goods and services online and offline. Many well-known brands process their customer payments with Adyen - their customers pay with Visa and Mastercard, among others. Adyen provides the platform and handles the processing and profits from every payment. Among other things, many terminals where you hold out your debit/credit card when paying are from Adyen.
With its global orientation, Adyen has a unique selling point. If a customer does not want to have a different partner in every region, then Adyen is the only choice.
Customers are companies that sell their goods and services online and offline. Many well-known brands process their customer payments with Adyen - their customers pay with Visa and Mastercard, among others. Adyen provides the platform and handles the processing and profits from every payment. Among other things, many terminals where you hold out your debit/credit card when paying are from Adyen.
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