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Payment gateway Adyen N.V. reported Wednesday that fast-food giant McDonald’s Corp. picked it to handle payments generated on its mobile app in several markets, starting in the United Kingdom.
Amsterdam-based Adyen, which has U.S. offices in San Francisco and New York, said in a statement “that it has entered into an agreement to make Adyen’s payments platform available to McDonald’s markets globally, beginning with the U.K. early next year.”
A spokesperson for Chicago-based McDonald’s did not respond to a Digital Transactions News inquiry about whether the United States is one of the upcoming markets after the United Kingdom. A McDonald’s regulatory filing says the company’s mobile order and pay service was available in more than 22,000 restaurants last year, though it didn’t give a country breakdown.
“With Adyen’s scalable platform, McDonald’s will be able to continue to provide customers a seamless experience through a variety of payment methods that align with the unique needs of our markets,” said Leandro Balbinot, senior vice president of global technology and digital at McDonald’s, in a statement.
Fast-growing Adyen’s platform routes payments to the customer’s payment provider. Adyen is taking over the main processing business of online marketplace eBay Inc. from former eBay subsidiary PayPal Holdings Inc., which will relegated to simply another option among many on eBay.
“Adyen provides a straightforward connection for a merchant to transact with a variety of different payment types, and they operate on a single, global platform,” Thad Peterson, a senior analyst at Boston-based Aite Group LLC who researches e-commerce, tells Digital Transactions News by email. “This should make mobile-app payment acceptance fairly simple and fast for McDonald’s, two key criteria in supporting payments in [quick-service restaurants].”
In related news, Adyen said Tuesday that it will process payments and help combat fraud for Easi, a food-delivery service based in Australia.
