Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Adyen Announces European Availability of Chip & PIN Mobile Point-of-Sale Solution  Join our daily free Newsletter

MENAFN Press - 04/12/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN Press) LONDON & AMSTERDAM & BERLIN - Tuesday, December 4th 2012

Adyen, the global payment company, has today announced at simultaneous events in London, Amsterdam and Berlin, the European availability of Shuttle, an innovative payment solution that enables merchants to accept Chip & PIN payments from a mobile device at the point-of-sale (MPOS). The solution, which is available to purchase from today, is fully EMV (Europay, MasterCard, Visa) compliant meaning that it accepts all credit and debit cards that are widely used across Europe.

A natural extension of its online and mobile payment solution, Adyen now provides infrastructure for point-of-sale payments, with all three channels directly connected to the Adyen back office, requiring only a single point of administration. Shuttle is a standalone MPOS device that connects to iOS and Android smartphones or tablets wirelessly via a Bluetooth connection. To use, shoppers simply key their pin codes into the device and the transaction is verified offline or online. The result is then clearly shown on Shuttle and the smartphone or tablet device, with the receipt emailed to the customer. Shuttle communicates with the Adyen backoffice payment system through the smartphone or tablet's Internet connection.

Shuttlehas been developed to bring complete mobility to point-of-sale commerce, accommodating everything from small specialist stores to medium-to-large sized and international businesses, enabling merchants to safely accept Chip & PIN transactions on any credit or debit card. The standard Adyen application allows for easy payment acceptance without any extra programming and for merchants with their own payment applications or POS software, an API is available to integrate payments via the device. Shuttle is highly cost effective, providing an out-of-the-box ready MPOS solution for a one-off fee of ‚99 combined with a ‚10 monthly fee, in addition to offering the lowest transaction fees on the market. Shuttle is also available as a white-label solution to partners.

Speaking at the Adyen launch event in Amsterdam, Pieter van der Does, CEO, Adyen, said, "Shuttle is a natural extension of our online and mobile payment solution, bringing Internet technology to the point-of-sale and providing complete integration across all sales channels. With more and more purchases being made online and using mobile devices, merchants are rethinking their approach to face-to-face commerce. Chip & PIN is how Europe pays, and with Shuttle, Adyen provides a cost-effective, high performance MPOS device that enables consumers to transact the way they are used to, using any card."

Also speaking at the launch events in Amsterdam, Berlin and London were a selection of Adyen customers “ Gidsy (the online community marketplace for authentic experiences), ticketscript (the online, mobile & social ticketing tool for more than 30000 events) and De Bijenkorf (the chain of luxury department stores in the Netherlands) “ all of which have been trialing the technology and are committed to using in the future.

Speaking at the Amsterdam launch event, Pieter Heij, Ecommerce Director, De Bijenkorf, said, "The ability to accept and manage payments across all of our sales channels is very important to us. Having successfully partnered with Adyen for our online payments earlier this year, De Bijenkorf is now focused on making the shopping experience in our stores more mobile and flexible by making our online collection available in-store. We are very excited to announce today with Adyen that De Bijenkorf has launched a Tablet&Mobile Assisted Sales pilot project."

Speaking at the Berlin launch event, Edial Dekker, Founder and CEO, Gidsy, said, "Gidsy connects travelers and locals with things to do. Although we're a website, much of the magic of Gidsy happens offline when people meet up to do an activity. We're really excited about the opportunity for our organizers to accept card payments face-to-face at these real-life locations. Also, using Adyen, we can be sure it is secure and easy."

Speaking at the London launch event, Frans Jonker, CEO, ticketscript, said, "Adyen seamlessly integrates with our ecommerce services, which makes it the perfect payment partner. As a next generation payment service provider, coupled with 10 years of e-commerce experience, Adyen fits with the strong international expansion goals of ticketscript. Adding to our list of innovative ticketing solutions, ticketscript is launching a box-office service using Adyen's MPOS solution. This development will take place in the first quarter of 2013, specifically targeting the festival season."

Andrew Key, Head of Acceptance and Market Development, MasterCard UK&I, said, "We are excited to see Adyen bringing to the market an innovative Chip & PIN mobile POS solution. We believe that enabling card payments with a mobile device will bring the simplicity, security and transparency of electronic payments to even more businesses and their customers as they look to move away from cash."

Daniel van Delft, Country Manager Netherlands, Visa Europe, said, "We are excited about the potential for MPOS to enable small businesses to accept card payments and by doing so to offer their customers a better and more efficient service. We've seen a lot of positive momentum in the MPOS space in recent months which we expect to continue into 2013. Adyen is the latest example of a company delivering an innovative solution into the European market which still brings the security benefits of Chip & PIN."


About Adyen
Headquartered in Amsterdam, with offices in Boston, San Francisco, London, Paris, Sao Paolo and Singapore, Adyen is a leading, multichannel payment company. Adyen provides a fully outsourced payment solution, built on over 15 years of industry experience, which enables merchants accept payments from anywhere in the world. Adyen supports all relevant sales channels, including online, mobile and Point-of-Sale (POS), and can process up to 200 different payment methods, 187 transaction currencies and 14 settlement currencies used across six continents. The Adyen solution is highly scalable and can be completely customized to meet any merchant requirement. Adyen works with many global customers including SoundCloud, Getty Images, Benetton, KLM, PopCap Games, Greenpeace, and Vodafone. For further information, please visit www.adyen.com

 






  MENA News Headlines
Apr 23 2014Omantel launches service package for youth ,MENAFN
(MENAFN) Omantel announced launching 'Ozone' plan, a new package designed especially for the youth. This comes with the company"s constant efforts to enhance the communication needs of its customers, ...

Apr 23 2014Dh154 billion for Arabtec projects ,Khaleej Times
(MENAFN - Khaleej Times) Arabtec will spend dh140 billion on building one million low-cost houses in egypt and dh14 billion on five mixed-use residential projects in abu dhabi and dubai its chief ...

Apr 23 2014?Titli? makers excited about Cannes selection ,Khaleej Times
(MENAFN - Khaleej Times) The movie about the badlands of delhi?s dystopic underbelly will be in competition as part of the un certain regard section of the 67th cannes film gala to be held may ...

Apr 23 2014Saudi- Yaroub Bashraheel: In search of peace ... underwater ,Arab News
(MENAFN - Arab News) You've heard of diving snorkeling and other water activities but rarely has anyone heard of free-diving. it's a form of diving underwater without the aid of any breathing ...

Apr 23 2014Saudi- Schneider highlights intelligent health care solutions at forum ,Arab News
(MENAFN - Arab News) Schneider electric a global specialist in energy management is set to showcase its leadership in intelligent health care solutions at the second saudi forum for planning and ...

Apr 23 2014Saudi- Divorcees can seek housing ,Arab News
(MENAFN - Arab News) The kingdom will accept applications from saudi divorced women and widows for financial and housing support said justice minister muhammad al-issa.al-issa called on applicants ...

Apr 23 2014Saudi- New passport office opens at Red Sea Mall ,Arab News
(MENAFN - Arab News) The passport department has opened a new office for citizens and residents at the red sea mall.gen. abdul rahman bin abdullah al-tuwairki deputy director general of the ...

Apr 23 2014Kowait- Police deportation powers curbed ,Arab Times
(MENAFN - Arab Times) Kuwait city april 3 (afp): kuwaiti police will no longer be able to deport expatriates without interior ministry approval under new rules published thursday after officers ...

Apr 23 2014Kowait- Amiri Diwan urges all off tape case ,Arab Times
(MENAFN - Arab Times)  kuwait city april 9 (agencies): the amiri diwan has called on everybody to steer clear of the controversial tape issue and let the public prosecution take the necessary ...

Apr 23 2014Saudi Savola Group revenue up 43 pct in Q1 ,MENAFN
(MENAFN) Saudi Arabia's Savola Group registered a 43 percent increase in profits in the first quarter, well over expectations of analysts, Arabian Business reported. According to a statement to ...

Apr 23 2014Tamouh steps up activity on projects ,Khaleej Times
(MENAFN - Khaleej Times) Abu dhabi-based real-estate developer tamouh has scaled up construction activity on all of its announced reem island projects to meet the rising demand for prime spaces in ...

Apr 23 2014Dewa and GE explore collaboration opportunities ,Khaleej Times
(MENAFN - Khaleej Times) Saeed mohammed al tayer managing director and chief executive officer of the dubai electricity and water authority (dewa) recently received a ge delegation to explore ...

Apr 23 2014Sale of Gate Towers penthouses launched ,Khaleej Times
(MENAFN - Khaleej Times) Aldar properties has launched the sale of 21 exclusive duplex penthouse apartments at gate towers the penthouse collection in shams abu dhabi on al reem island. one of ...

Apr 23 2014ADCB profit grows 26% in first quarter ,Khaleej Times
(MENAFN - Khaleej Times) Abu dhabi commercial bank?s profit grew 26 per cent in the first quarter of the year to dh1. however net profit rose 22 per cent year-on-year. non-interest income was 24 ...

Apr 23 2014'Piles and piles' of bodies in S. Sudan ,Arab News
(MENAFN - Arab News) Nairobi: gunmen who targeted both children and the elderly left 'piles and piles" of bodies — many of those in a mosque — in a provincial capital in south sudan the un's top ...

Apr 23 2014Local international companies come out in force ,Khaleej Times
(MENAFN - Khaleej Times) Cityscape abu dhabi has started showing stronger interest from property developers who have showcased their upcoming projects. the three-day realty show was opened by ...

Apr 23 2014Here?s your chance to share screen space with SRK ,Khaleej Times
(MENAFN - Khaleej Times) Groupon india has joined hands with srk?s red chillies entertainment to give fans a chance to feature with the superstar in his upcoming film ?happy new year?. if you ...

Apr 23 2014Saudi- Noha Al-Sharif — an expert in Islamic sculpture ,Arab News
(MENAFN - Arab News) Saudi sculptress noha al-sharif is known for her islamic inspired sculptures that reflect both religion and lifestyle. the concept of modern art attracted her to this medium ...

Apr 23 2014ADCB NIC in Dh950 million deal ,Khaleej Times
(MENAFN - Khaleej Times) Abu dhabi commercial bank or adcb this week inked a dh950 million term facility to provide national investment corporation or nic the developer of the breakwater area in ...

Apr 23 2014Gitex Shopper Spring 2014 to open doors today ,Khaleej Times
(MENAFN - Khaleej Times) Gitex shopper spring 2014 is set to open doors today with best bargains on latest tech products along with millions of dirhams worth of prizes during the four-day ...

more...


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help