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Is This Why The Adyen (ADYYF) Stock Took A Dip Last Session?

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Stock of the global payments platform of choice for many of the world’s leading companies, Adyen N.V. (OTCPk: ADYYF) closed Thursday at $2319.6 after dipping -0.87 percent. Adyen stock rose 94.29% in the past year, hitting a high of $2738.4 that brought its market cap to $68.65 billion. ADYYF stock rose after expanding its acquiring capabilities.

How has the ADYYF expanded its capabilities?

Many of the world’s leading companies use Adyen’s payments platform. The Adyen platform fits seamlessly into Visa, MasterCard, and consumer-preferred payment methods worldwide. Through online, mobile, and in-store channels, ADYYF offers frictionless payments. ADYYF customers include Facebook, Uber, Spotify, Casper, Bonobos, and L’Oréal, and it has offices in countries around the world.

Adyen recently pitched an idea of expanding its acquiring abilities to include Japan. By providing local payments for merchants such as Microsoft, Foodpanda, VanMoof, Breitling, and G-Star, ADYYF’s acquiring capabilities form the foundation of the company’s all-in-one payment platform.

Following ADYYF’s announcements in Australia, New Zealand, Hong Kong, Malaysia, and Singapore, this announcement expands the company’s local acquiring capabilities in Asia-Pacific. ADYYF wanted to better serve Japanese shoppers by extending its acquiring service capabilities as a result of demand from international and domestic merchants.

What sets ADYYF apart?

As a payment gateway, risk management, and acquirer, Adyen (ADYYF) takes care of the entire payment flow for its merchants. Therefore, ADYYF brands will be able to expand globally and optimize payment processes while maintaining customer satisfaction.

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