Adyen intros POS system in the US
The company's service is meant to help merchants connect their physical point-of-sale, online and mobile purchases in a single, EMV-compliant payments product.
Adyen, a payments company that powers e-commerce payments worldwide for businesses such as Facebook, Uber and Netflix, announced that its point-of-sale product is available in the U.S., according to a press release.
The company's service is meant to help merchants connect their physical point-of-sale, online and mobile purchases in a single, EMV-compliant payments product.
Adyen said it enables merchants to grow revenue through delivering a wide range of better shopper experiences, including:
- the ability to buy online and pick up in-store, an approach that is generating incremental sales up to 5 percent for Adyen customers in Europe;
- enabling in-store shoppers to order out-of-stock items online, ensuring that merchants don’t lose sales due to out-of-stock issues; and
- making it possible for online shoppers to return items in-store (and vice versa), leading to lower levels of return fraud and greater cross-selling opportunities.
"The $22 trillion retail industry has been on the verge of delivering a true omnichannel shopping experience for years, but outdated and siloed payment systems have been in the way," said Pieter Van der Does, co-founder and CEO of Adyen. "With Adyen's omnichannel solution, forward-looking retailers will have the platform they need to surprise and delight shoppers with new experiences that also grow their revenue."