Adyen has worked closely with E-Smart, a local Brazilian Magento provider, to develop an offering tailored to meet the Brazilian market. Adyen has also incorporated a series of features including Instalments, Portuguese language functionality and local payment methods.
The Brazilian market presents a variety of challenges to e-commerce merchants from a payments perspective. For instance, card processing via a Brazilian acquiring partner is crucial as 30 percent of all issued consumer debit and credit cards have not been enabled for international processing. In addition, local payment methods such as Boleto and installment-based transactions have rapidly grown in popularity. Paying by installment now accounts for almost 80 percent of all e-commerce purchases in Brazil.
Adyen supports all relevant sales channels, including online, mobile and POS, and can process over 200 different payment methods, 187 transaction currencies and 14 settlement currencies used across six continents. Adyen works with many global customers including SoundCloud, Getty Images, Benetton, KLM, PopCap Games, Greenpeace and Vodafone.
For more information about Adyen, please check out a detailed profile of this company in our dedicated, industry-specific online companies database.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now