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
Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093585819%26title%3dAdyen-Announces-European-Availability-of-Chip- Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093585819%26title%3dAdyen-Announces-European-Availability-of-Chip- Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon 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 s

 






  MENA News Headlines
May 26 2013UAE- $465m convertible bonds from NBAD ,Khaleej Times
(MENAFN - Khaleej Times) The National Bank of Abu Dhabi, or NBAD, has issued $465 million senior unsecured convertible bonds for general purposes and to benefit from attractive yield. The bonds, ...

May 26 2013UAE- Younger generation is more socially responsible ,Khaleej Times
(MENAFN - Khaleej Times) Research has suggested that corporate social responsibility has become increasingly more important in the region, with four out of five companies in the region adopting ...

May 26 2013Four held in Oman for Sharjah gold robbery ,Khaleej Times
(MENAFN - Khaleej Times) Four Asians were arrested in Oman for allegedly stealing 4.5kg of gold two weeks ago from a goldsmith's shop in Sharjah. According to the Sharjah Police, the suspects fled ...

May 26 2013UAE- Two Asians drown off Jumeirah beach ,Khaleej Times
(MENAFN - Khaleej Times) A day at the beach took a tragic turn for four Asian men when two of them drowned and the other two were rescued by the Dubai Police. Port Police station Director Lt ...

May 26 2013UAE- Worker stabbed in gambling brawl ,Khaleej Times
(MENAFN - Khaleej Times) An Asian worker was left beaten up and stabbed after he won Dh100 from two other men during a gambling game. The victim and two other Asian men were arrested for being ...

May 26 2013UAE- Breeding Reading : Look mama, I can read! ,Khaleej Times
(MENAFN - Khaleej Times) The UAE Ministry of Education has recognised the achievements of children and schools participating in the 'Kids Read' programme at a ceremony in Dubai. 'Kids Read' - a ...

May 26 2013UAE- Healthcare poised to get better ,Khaleej Times
(MENAFN - Khaleej Times) A plan for 40 new primary healthcare centres and three new hospitals located near Dubai's residential areas are part of multi-billion dirham expansion plans that are designed ...

May 26 2013UAE- 15 years jail for smuggling cocaine ,Khaleej Times
(MENAFN - Khaleej Times) A woman, who was caught at the airport trying to smuggle more than 3.5kg of cocaine by hiding it in her underwear, has been sentenced to 15 years in prison and fined ...

May 26 2013France leads doubters on EU-US free trade deal ,AFP
(MENAFN - AFP) Britain is pushing for reaching a fast and ambitious free trade deal with the United States, but France has successfully marshalled European anxieties to try to limit the EU ...

May 26 2013Mexico reforms knock Slim off world's richest perch ,AFP
(MENAFN - AFP) Mexican tycoon Carlos Slim held the title of the world's richest man for the past three years until a new president rolled into town with a vast economic reform agenda. Enrique Pena ...

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