Adyen, the global payments solutions company, has announced that Indiegogo, the largest global crowdfunding platform, has selected Adyen to provide online payments processing for Indiegogo’s international customers starting with Europe and Canada. Since launching new currencies, languages and localized experiences in December, Indiegogo has seen a 20% increase in international activity on its platform, creating the need for a global payments solution that facilitates and localizes transactions across many countries.
Adyen’s global payments platform will enable Indiegogo to collect campaign contributions in local currencies through Europe and Canada, and route transactions through its network of more than 80 global banks and processing partners to minimise foreign exchange and other transaction fees.
In addition to processing European and Canadian credit card payments, Adyen will provide support for a number of preferred local payment methods throughout Europe, including Maestro (UK), Carte Bleu (France), Sofortuberweisung (Germany, Austria), Giropay (Germany), iDeal (Netherlands), TrustPay (multiple countries throughout Eastern Europe), and bank transfer payments throughout Europe.
Danae Ringelmann, Indiegogo co-founder said: “Adyen’s global reach, broad service offerings, in-market payments expertise and industry leading fraud protection tools, make them a perfect partner to support our strategic international growth plans.”
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.
Payments for digital and physical goods made mobile operating system-based payments platforms like Apple Pay and Android Pay are expected to boom in the next few years according to new analysis from Juniper.