STOCK TITAN

Adyen launches Android POS terminals

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Adyen launched new mobile Android point of sale (POS) terminals in the EU, UK, and the United States. These terminals serve as an all-in-one solution, combining cash registers, barcode scanners, and displays, which significantly reduce hardware costs. The terminals also feature an app management system for merchants to handle inventory, loyalty programs, and more. Early adopters include Palisis and Immfly. The launch aims to enhance customer experiences by allowing consumers to make payments anywhere without waiting in lines.

Positive
  • Launch of all-in-one Android POS terminals enhances operational efficiency for merchants.
  • Terminals reduce hardware costs and streamline payment processing.
  • Early merchant adopters like Palisis and Immfly showcase successful implementation.
Negative
  • None.

AMSTERDAM, Jan. 5, 2022 /PRNewswire/ -- Adyen, the global payments platform of choice for many of the world's leading companies, today announced the launch of mobile Android point of sale (POS) terminals in the EU, UK, and the United States. The devices represent a fundamental change in the role of the payment terminal, functioning as an all-in-one solution, eliminating the need for separate cash registers, barcode scanners, and customer facing displays. Additionally, the terminals come with an app management system, allowing merchants to upload and manage the apps they use every day, for inventory management, loyalty programs, returns and more. The launch of these multi-purpose terminals will not only reduce the cost of their hardware, but also help businesses drastically improve in-person customer experiences.

Palisis, a provider of sales and operations solutions for tourism and transportation business, and Immfly, an in-flight digital services provider, are among Adyen's first merchants to roll out the terminals.

"Consumers increasingly want to pay for products, tickets, or their meal where they are, without standing in lines. Existing mobile POS solutions typically involve multiple pieces of hardware. Our all-in-one Android terminals combine the flexibility of the Android platform with the security of a PCI certified payment terminal. They support a vast array of use cases, and both Immfly and Palisis are great examples of how they bring increased mobility and functionality to our merchants and their staff," said Jan-Pieter Lips, Head of Unified Commerce at Adyen. "Convenience is key in providing the best customer experiences, and these terminals help merchants meet that standard. Additionally, the use of these devices allows the merchants we work with to run a lean operational set-up, foregoing the need to install separate systems to make it all work."

For more information on Adyen's POS offering, click here.

About Adyen
Adyen (AMS: ADYEN) is the payments platform of choice for many of the world's leading companies, providing a modern end-to-end infrastructure connecting directly to Visa, Mastercard, and consumers' globally preferred payment methods. Adyen delivers frictionless payments across online, mobile, and in-store channels. With offices across the world, Adyen serves customers including Facebook, Uber, Spotify, Casper, Bonobos and L'Oréal. Adyen continuously improves and expands its product offering as part of its ordinary course of business. New products and features are announced via press releases and product updates on the company's website.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/adyen-launches-android-pos-terminals-301454041.html

SOURCE Adyen Inc.

FAQ

What is the significance of Adyen's new Android POS terminals?

The Android POS terminals simplify payment processing for merchants by combining multiple functionalities into one device, improving customer service and reducing costs.

When did Adyen announce the launch of their Android POS terminals?

Adyen announced the launch on January 5, 2022.

Who are the first merchants using Adyen's new POS terminals?

Palisis and Immfly are among the first merchants to implement the new Android POS terminals.

How do the Android POS terminals improve customer experience?

The terminals allow customers to make payments without waiting in lines, enhancing convenience.

What markets are receiving Adyen's new Android POS terminals?

The terminals are being launched in the EU, UK, and the United States.

ADYEN NV UNSP/ADR

OTC:ADYEY

ADYEY Rankings

ADYEY Latest News

ADYEY Stock Data

43.38B
29.66M
0.22%
Software - Infrastructure
Technology
Link
United States of America
Amsterdam