Adyen launches its acquiring solution in Malaysia to help local businesses achieve higher authorization rates, better customer experience, and deeper data insights as the Malaysian market transitions to online payments.

KUALA LUMPUR - MALAYSIA- Media OutReach - 6 July 2020 -Adyen (AMS:ADYEN), the global payments platform of choice for many of the world'sleading companies, today announced the expansion of its acquiring capabilitiesto include Malaysia.

Warren Hayashi President, Adyen Asia Pacific

Adyen acquiring complements the company's all-in-onepayment platform allowing merchants like BigPay, BloomThis,Fave, foodpanda, Love, Bonito and Sephora to get the most out of each transaction with local paymentprocessing. Thisannouncement extends Adyen's local acquiring capabilities in Asia-Pacific,following launches in Australia, Hong Kong, and Singapore, and is supported bydemand from local merchants looking to better serve the country's growing internet economy.

"Rolling out our acquiring solution in Malaysiademonstrates our commitment to the region and to our customers' needs in themarket," said Warren Hayashi, President, Adyen, Asia-Pacific. "With Adyen'sacquiring solution in place, Malaysian merchants can betterserve their customers and benefit from higher authorization rates and lowertransaction fees."

With its best-in-class technology, and deepacquiring expertise, Adyen looks to provide insight around local regulations,schemes, and payment methods,to help Malaysian merchants serve shoppersbetter.  Local acquiring will allowmerchants to leverage Adyen's integrated platform to deliver unified commerceexperiences regardless of where their customers prefer to pay - in store,online or in-app. 

Arzumy MD, Chief Technology Officer of paymentsand loyalty platform Fave noted, "Adyen has been a strong pillar,supporting our business and technology throughout the years. Adyen's directacquiring capabilities simplifies our business operations as it gives uscomplete control of our payment process -- allowing us to improve revenue,create a better customer experience and deal with payment issues more quicklyand efficiently so we can focus on getting our customers what they want when they need it. We are happy to have a partner that caresdeeply for our success."

Adyen manages the entire payment flow, includinggateway, risk management, and acquiring for merchants. This means that brandscan accelerate global expansion and optimize payment processes, whilecontinuing to meet the expectations of customers. Adyen offers local acquiringin Australia, Brazil, Canada, Europe, Hong Kong, Singapore, and the US. Formore information about local acquiring and its benefits, please refer to: https://www.adyen.com/global-payment-processing.

About Adyen

Adyen (AMS: ADYEN) is the payments platform ofchoice for many of the world's leading companies, providing a modern end-to-endinfrastructure connecting directly to Visa, Mastercard, and consumers' globallypreferred payment methods. Adyen delivers frictionless payments across online,mobile, and in-store channels. With offices across the world, Adyen servescustomers including Facebook, Uber, Spotify, Microsoft, Singapore Airlines, andL'Oréal. 

The launch of Adyen acquiring in Malaysiaas described in this update underlines Adyen's continuous expansion ofsupported payment methods and regions over the years.