B2B Payments

Adyen Takes Payments Platform To NetSuite

Shutterstock

Payments platform Adyen has integrated its solution into NetSuite’s own payments solution, SuitePayments.

The companies released an announcement on Tuesday (Oct. 11) that said Adyen has achieved “Built for NetSuite” status with its integration into SuitePayments via SuiteApp, which enables businesses to access payment processing capabilities across platforms via a single solution.

Adyen reportedly offers payment processing connected into Visa, Mastercard and 250 additional payment methods. In a statement, the company’s president of North American operations, Kamran Zaki, highlighted the integration as a way to support both B2B and B2C payments for sellers, regardless of platform.

“Whether you’re using NetSuite for driving global eCommerce, managing back-end ERP operations or taking payments in-store, Adyen‘s one-platform solution enables you to accept payments across online, mobile or point-of-sale,” the executive said. “We are excited to partner with one of the top cloud ERP providers to offer a one-stop shop for payments that support businesses as they grow internationally.”

According to the companies, customers using NetSuite’s SuitePayments solution can access Adyen’s payment processing capabilities without software integration. The integration also supports a higher quality of data aggregation and analytics and a streamlined portal to manage things like inventory.

Last July, NetSuite announced it reached a deal to be acquired by Oracle for $9.3 billion after several years of avoiding a takeover.

——————————

New PYMNTS Study: Subscription Commerce Conversion Index – July 2020 

Staying home 24/7 has consumers turning to subscription services for both entertainment and their day-to-day needs. While that’s a great opportunity for providers, it also presents a challenge — 27.4 million consumers are looking to cancel their subscriptions because of friction and cost concerns. In the latest Subscription Commerce Conversion Index, PYMNTS reveals the five key features that can help companies keep subscribers loyal despite today’s challenging economic times.

Click to comment

TRENDING RIGHT NOW