Adyen Expands in India with New Tech Hub and Local Payment Processing
Adyen, the preferred global payments platform for numerous leading companies worldwide, has announced its expansion in India after receiving authorization from the Reserve Bank of India to operate as an Online Payment Aggregator for both domestic and cross-border transactions. This expansion includes the establishment of a technology hub in Bengaluru (Bangalore) and the introduction of local payment processing capabilities, underscoring Adyen's commitment to advancing payment innovation in India.
Adyen’s local payment processing capabilities are foundational to the company’s all-in-one payment platform allowing merchants in India to optimize each transaction with local payment processing. “The continued push for a Cashless India presents an opportunity for businesses to offer new customer journeys in the fastest growing e-commerce market in the world”, said Ingo Uytdehaage, Co-CEO, Adyen.
“We are looking to help transform digital payments in India with our global full-stack solution and local payment processing capabilities, optimizing transactions so our merchants can focus on opportunities to scale in India”, said Aditya Khullar, Country Manager, India, Adyen. “We are committed to our merchants’ long-term growth as we steadily scale our presence in India”.
Adyen is also establishing a technology hub in Bengaluru, bringing technical resources closer to its merchants and allowing the company to leverage India's rich tech talent pool. This hub will focus on developing and supporting payment products for both the Indian market and Adyen's global platform. By managing the entire payment flow—covering gateway, risk management, and acquiring—Adyen enables brands to accelerate global expansion, optimize payment processes, and consistently meet customer expectations.
Adyen offers businesses valuable insights into local payment schemes and methods, supported by top-tier technology and extensive acquiring expertise. With direct connections to major card schemes like Visa, Mastercard, Rupay, and local direct debit payments like UPI, Adyen processes transactions locally within India through its platform. Merchants can easily use Adyen's unified platform to provide all the key payment options preferred by shoppers, including credit and debit cards, as well as relevant local payment methods.
