Global Buy Now, Pay Later (BNPL) firm Zip is teaming up with all-in-one payments processor Adyen in a strategic partnership to widen their eCommerce reach, according to a press release emailed to PYMNTS on Thursday (Sept. 30).
Zip will offer the merchants in Ayden’s network the ability to integrate BNPL at checkout. Ayden will process all payments for Zip across a single platform and system, helping to boost point of sale (POS) revenue growth. Under the agreement, Adyen will become a payment processing partner for Zip and its global affiliates.
See also: Zip, QuadPay Merge Into Single Brand
Adyen President of Asia-Pacific Warren Hayashi said that Adyen was launched specifically to cater to the needs of global companies operating in the fast lane of digital change, which includes extending access to “alternative payment solutions” like Zip’s BNPL.
“Consumers are increasingly looking for more choice and transparency at…