Serving 1,700 merchants, Straumur facilitates transactions through in-person, e-commerce, and app channels.
In this collaboration, Adyen takes on the role of the card acquiring bank.
Adyen,
a global financial platform, is entering into a partnership with Straumur, a
subsidiary of Kvika, which operates as a payment provider in various sectors of
the Icelandic market, including grocery stores, restaurants, pharmacies, and
gas stations. Currently, Straumur processes around 25% of payments in Iceland
and serves 1700 merchants through in-person payments, e-commerce, and apps.
Adyen
as Card Acquiring Bank for Straumur
As
part of this collaboration, Adyen will act as the card acquiring bank for
Straumur's operations. The partnership aims to simplify and enhance payment
processes for Straumur's merchants and end-consumers. Adyen's role involves
consolidating payment data from all sales channels, markets, and consumers onto
a unified platform.
“At
Adyen we pride
ourselves in working with partners that push the world of payments forward.
That’s why we’re excited to enter the Icelandic market and partner with
Straumur as their acquiring bank. Their local payment processing offering
combined with our financial technology platform will ensure easier, safer and
more seamless payments for consumers all over Iceland,” says Tobias Lindh, the Managing Director, Adyen Nordics & Baltics.
The
integration allows Straumur to leverage Adyen's Unified Commerce function,
leading to improved customer insights, journeys, and experiences across various
consumer channels for commerce.
“At
Straumur, we are committed to offering outstanding payment solutions for our
customers. Our approach goes beyond traditional payment processing – we see
ourselves as partners with our customers and want to help them grow. This
collaboration with a new, powerful transaction acquirer enables us to boost our
technical capacity and significantly widen the range of services we
offer," says Lilja Ólafsdóttir, the Managing Director of Straumur.
Adyen
to Serve as Acquiring Bank for Klarna
Earlier,
Finance Magnates reported that Adyen
expanded its decade-long partnership with Klarna, an AI-powered global
payments network, to simplify payments globally. Adyen will serve as the
acquiring bank for Klarna's consumer payment offerings in Europe, North
America, and Asia starting in 2024.
This
collaboration aims to enhance the payment experience for Klarna's 150 million
consumers and 500,000 merchant partners. Klarna's options, such as
interest-free installment plans, will benefit from Adyen's acquiring
capabilities. Adyen, despite a 5-fold revenue drop in H1 2023, reported a
higher net income of $283.17 million. The partnership is expected to elevate
the standard of global payments and consumer experiences.
Adyen,
a global financial platform, is entering into a partnership with Straumur, a
subsidiary of Kvika, which operates as a payment provider in various sectors of
the Icelandic market, including grocery stores, restaurants, pharmacies, and
gas stations. Currently, Straumur processes around 25% of payments in Iceland
and serves 1700 merchants through in-person payments, e-commerce, and apps.
Adyen
as Card Acquiring Bank for Straumur
As
part of this collaboration, Adyen will act as the card acquiring bank for
Straumur's operations. The partnership aims to simplify and enhance payment
processes for Straumur's merchants and end-consumers. Adyen's role involves
consolidating payment data from all sales channels, markets, and consumers onto
a unified platform.
“At
Adyen we pride
ourselves in working with partners that push the world of payments forward.
That’s why we’re excited to enter the Icelandic market and partner with
Straumur as their acquiring bank. Their local payment processing offering
combined with our financial technology platform will ensure easier, safer and
more seamless payments for consumers all over Iceland,” says Tobias Lindh, the Managing Director, Adyen Nordics & Baltics.
The
integration allows Straumur to leverage Adyen's Unified Commerce function,
leading to improved customer insights, journeys, and experiences across various
consumer channels for commerce.
“At
Straumur, we are committed to offering outstanding payment solutions for our
customers. Our approach goes beyond traditional payment processing – we see
ourselves as partners with our customers and want to help them grow. This
collaboration with a new, powerful transaction acquirer enables us to boost our
technical capacity and significantly widen the range of services we
offer," says Lilja Ólafsdóttir, the Managing Director of Straumur.
Adyen
to Serve as Acquiring Bank for Klarna
Earlier,
Finance Magnates reported that Adyen
expanded its decade-long partnership with Klarna, an AI-powered global
payments network, to simplify payments globally. Adyen will serve as the
acquiring bank for Klarna's consumer payment offerings in Europe, North
America, and Asia starting in 2024.
This
collaboration aims to enhance the payment experience for Klarna's 150 million
consumers and 500,000 merchant partners. Klarna's options, such as
interest-free installment plans, will benefit from Adyen's acquiring
capabilities. Adyen, despite a 5-fold revenue drop in H1 2023, reported a
higher net income of $283.17 million. The partnership is expected to elevate
the standard of global payments and consumer experiences.
Corpay Expands Operations with Acquisition of Corporate Payments Company
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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🐦 Twitter: https://twitter.com/F_M_events
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
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🔔 Subscribe to our YouTube channel for more!🔔
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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🔔 Subscribe to our YouTube channel for more!🔔
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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