Breaking News
Adyen selected as first financial technology platform to launch Cash App Pay
Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, has partnered with Cash App (Block, Inc.) to offer Cash App Pay, a mobile payment method, to Adyen’s U.S. customers. Businesses working with Adyen will have access to Cash App Pay as an integrated payment method for their U.S. customers. The payment method will be available online shortly and in-store next year.
By offering Cash App Pay, Adyen’s businesses will be providing customers with a convenient and simple way to pay using their Cash App balance or linked debit card. This Cash App software integration will also provide Adyen’s business customers access to Cash App’s 80 million annual actives, which make up a third of Millennial and Gen Z consumers in the U.S. This will provide their customers with access to a seamless, secure checkout experience that can feature high authorization rates and an improved shopping experience.
“We’re excited to partner with Adyen to bring Cash App Pay to more businesses across the U.S.,” said Owen Jennings, Chief Operating Officer at Cash App. “As the first financial technology platform to partner with the Cash App Pay ecosystem, we look forward to seeing the value this partnership brings to our customers and Adyen’s businesses.”
“At Adyen, we are consistently adding new payment methods to ensure our businesses can meet their end customers where they are,” said Roelant Prins, CCO at Adyen. “We are thrilled to be entering this strong partnership with the Cash App team. We’re looking forward to seeing how we can continue to partner to better service businesses and their customers.”
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I&M Bank Launches Tanzania’s First Mastercard World Elite Debit and Multi-Currency Prepaid Cards on OpenWay’s Way4 Platform
I&M Bank Tanzania, in partnership with Mastercard and OpenWay, has introduced the country's first Mastercard World Elite debit and multi-currency prepaid cards. Powered by OpenWay's Way4 digital payments platform, the new products cater to the evolving needs of Tanzania's affluent and middle-market customers by offering lifestyle privileges, advanced security, and seamless international transactions.
Sage Unveils Next-Generation, Integrated Cloud HR & Payroll Solution for Mid-Sized Businesses in South Africa
Today, Sage, the global leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs), launches its integrated Sage HR & Payroll Advanced solution for mid-market companies in South Africa. Targeted at organisations with high-complexity payroll needs, the all-in-one, cloud-based payroll and HR software is a powerful step forward in simplifying how mid-sized businesses pay, manage and engage their people.
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