Adyen to offer merchants BNPL via Afterpay partnership
According to Afterpay, 24% of consumers globally have now used buy now, pay later.
The ‘acquiring’ partnership builds on an existing relationship between the two fintechs from back in 2018, but takes it global, starting with the UK, France, Italy and Spain.
“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,” Prins added.
According to Afterpay, 24 per cent of consumers globally have now used buy now, pay later with the highest levels of adoption in Sweden, Norway, Mexico, France, the US and Denmark.
“Holiday season 2021 was the holiday for BNPL - with consumers using Afterpay to pay responsibly for their holiday gifts,” said Zahir Khoja, general manager of Afterpay global platform and partnerships.
“Our partnership with Adyen is allowing us to bring a better way to pay to millions of shoppers across multiple regions around the world.”