Make online payments effortless with our enterprise payment platform

Behind every seemingly simple transaction lies a complex web of technology and knowledge. From creating seamless payment journeys on the frontend to processing payments with banks to staying ahead of fraud, there are a lot of connecting parts. And a lot of room for error. 

Streamlining the entire payment journey can unlock enormous business potential. The right financial technology not only strengthens your business at its core but also provides a significant competitive advantage.

For large enterprises, the stakes are high. Even minor issues can escalate quickly, particularly with payment providers lacking comprehensive solutions. These minor issues can snowball into significant challenges, impacting overall business performance.

The accumulated numbers are intimidating. E-commerce businesses lost $30 billion in revenue due to failed transactions in 2021 alone, and 20% of subscription churn is estimated to be involuntary. 

To cater to enterprise-level demands for reliable online payments at large volumes, we've built technology that enhances speed, stability, and consistency. By managing the end-to-end payment process on a single enterprise payment platform, we reduce dependencies and minimize potential errors.

Streamlining the entire online payment process on our single platform has many benefits. Reducing dependencies and points of potential error is a major one.

In today’s digital landscape, making informed decisions is critical, especially when there's pressure to cut costs, lower subscription churn rates, and reduce overheads. Data is the key to making these informed decisions, moving beyond guesswork.

Payments data is valuable in helping to fight fraud, optimize payment routing, and even gain valuable customer insights.

Our enterprise payment platform processes payments for many of the world’s leading businesses, giving us a large and rich data ecosystem. We use that data to help our customers improve their proactive and reactive decision-making, increase speed, and optimize the cost of payments.

Take subscription churn, as an example. Often, churn is involuntarily caused by things like a customer’s card details changing. Manually prompting customers to update information is resource-intensive and not always effective.

Our comprehensive data ecosystem allows us to increase authorization rates by updating card details automatically or using Network Tokens for supporting card schemes. We continuously drive optimizations with machine learning to improve performance across the payment lifecycle and ensure our customers benefit from our comprehensive data ecosystem.

Through working with Adyen and enabling local payment methods like EFTPOS Klook has seen an overall uplift in authorization rate of 3%. Additionally, through network tokenization and streamlining their customer authentication process, Klook achieved a 4.32% uplift in their authorization rate.

Related: Klook case study >

Operating in multiple countries increases payment complexity exponentially. Offering local payment methods is crucial, as 56% of Singaporean consumers abandon in store purchases if their preferred payment method is unavailable.

Our direct connections to the payment schemes and banking networks enable high performance on payments worldwide. With over 200 relevant local payment methods, we empower customers to pay their how they want.

Letting customers pay with cards, bank-based payments, and alternative payment methods will increase conversion rates and reduce processing costs in every market in which you operate. You can reach more customers and diversify by adding new markets with a single provider.

For example, SHEIN, the world’s largest online fashion retailer, leveraged Adyen’s payments solution for its global expansion. SHEIN chose Adyen to help facilitate shopping for its global customer base through seamless payments and cutting-edge technology.

Our global reach is accessible with the same API. With our global banking infrastructure and local licenses mean you don't have to navigate complex regulatory landscapes alone. We support and guide enterprise businesses through regulations like PSD3, ensuring you can accept payments globally without hassle.

Related: SHEIN case study >

Since we began offering online payments 16 years ago, the digital economy has evolved significantly. Payments have become more than just a cost center. They’ve shown their power in helping enterprises unlock lasting business value by driving revenue and gain a competitive edge by freeing up valuable internal resources.

Our in-house developed enterprise payment platform requires only one API integration to access our global banking infrastructure. This seamless integration enhances your revenue through improved full-funnel conversion, supported by dedicated account managers who help you optimize your business with payments.

The possibilities extend far beyond online transactions. Businesses processing payments with us can expand into in-store payments or even explore launching marketplaces with automated payouts. All through the same API, costing minimal integration efforts. 

The continuous growth of the digital economy indicates limitless potential. As we evolve our offerings with our customers, we can’t wait to see what the future holds.

Don’t just sit by and watch the future unfold. Seize the opportunity and drive your business forward with innovative online payments.

Want to learn more? Get in touch today.