Dutch fintech giant Adyen is embedding technology from Tink to enable its customers to offer open banking payments.
The agreement builds on a partnership Adyen and Tink already have for Account Check technology, that lets Adyen’s customers instantly verify account ownership to streamline payouts.
Edgar Verschuur, head, global acquiring, Adyen, says: “With our open banking solution, shoppers can pay directly from their own trusted banking environment without leaving the checkout journey.”
Tom Pope, head, payments and platforms, Tink, adds: “With the scale of Adyen’s reach, our partnership will rapidly accelerate the global adoption of open banking powered payments.”