Adyen's embedded financial product suite now supports BILL's
card products and services for its AP and AR solutions
AMSTERDAM, Feb. 1, 2024
/PRNewswire/ -- Adyen (AMS: ADYEN), the global financial
technology platform of choice for leading businesses, today
announced that it is partnering with BILL, a leading financial
operations platform for small and midsize businesses (SMBs), to
deliver advanced acquiring and issuing experiences for BILL's
accounts payable (AP) and accounts receivable (AR) solutions. The
partnership started with Adyen for Platforms' card acquiring and
has grown to also include card issuing capabilities, marking a
natural progression across Adyen's platform offering.
"Adyen's partnership with BILL is a prime example of how we
prefer to grow with our customers," said Blake Breathitt, SVP of Platforms and Financial
Products at Adyen. "We are proud to be a part of BILL's focus on
helping SMBs thrive as we scale our relationship into card issuing
with a category leader in financial operations. With our licensing
framework and embedded financial products both integrated together,
we look forward to being a part of BILL's robust ecosystem of card
products and services."
Adyen's card issuing services have been incorporated into BILL's
virtual card offering as part of BILL Accounts Payable and Accounts
Receivable solutions, enhancing BILL's suite of financial products
and services. Adyen provides BILL with technology to drive further
innovation and opportunities to help SMBs thrive through seamless
payment experiences.
"Helping our SMB customers manage their cash flow means making
their payments easy and secure," said Loren
Padelford, BILL Chief Commercial Officer. "Because of their
trust in BILL, our customers can easily make their payments and get
back to running their business. We are pleased to work with Adyen
to better ensure continued resiliency for our customers and their
card products and services needs."
To learn more about issuing with Adyen, visit here.
About Adyen
Adyen (AMS: ADYEN) is the financial
technology platform of choice for leading companies. By providing
end-to-end payments capabilities, data-driven insights, and
financial products in a single global solution, Adyen helps
businesses achieve their ambitions faster. With offices around the
world, Adyen works with the likes of Meta, Uber, H&M,
eBay, and Microsoft. The cooperation with BILL as described in this
merchant update underlines Adyen's continuous growth with
current and new merchants over the years.
About BILL
BILL (NYSE: BILL) is a leading financial
operations platform for small and midsize businesses (SMBs). As a
champion of SMBs, we are automating the future of finance so
businesses can thrive. Our integrated platform helps businesses to
more efficiently control their payables, receivables and spend and
expense management. Hundreds of thousands of businesses rely on
BILL's proprietary member network of millions to pay or get paid
faster. Headquartered in San Jose,
California, BILL is a trusted partner of leading U.S.
financial institutions, accounting firms, and accounting software
providers. For more information, visit bill.com.
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