SME Business News

Adyen, eftpos’ newest Member, now offers Australian merchants more choice at POS

  • Written by Warwick Ponder

eftpos today announced Adyen had completed its connection to the eftpos payments network and could now offer Australian merchants the ability to accept eftpos CHQ and SAV transactions at Point of Sale (POS).
eftpos Acting CEO, Mr Paul Jennings, said Adyen was leveraging the eftpos Hub’s payment processing and settlement capabilities to offer cost efficient, real time eftpos CHQ and SAV transactions to merchants and consumers at POS and, when available, it would also offer eftpos payments on digital channels.
“Adyen provides a global payments solution and it’s important that eftpos CHQ and SAV transactions, as the most widely used debit network in this country, are now available to Adyen’s merchant customers in Australia,” Mr Jennings said.
Adyen became a Member of eftpos in October 2015 with a view to launching eftpos acquiring services and competing in the Australian market.
Adyen Country Manager of Australia and New Zealand, Mr Michel van Aalten, said that as a leader in unified commerce, Adyen was delighted to work with eftpos to offer merchants a full range of local cards for point of sale systems in Australia.
“The expanded partnership will enable Australian businesses to offer more payment options. By tapping on the same processing platform, fast-growing Australian merchants can also ensure customers enjoy a consistent experience globally,” Mr van Aalten said.

About eftpos
eftpos is the most widely used debit card system in Australia, accounting for around 2 billion CHQ and SAV transactions in 2017 worth $130 billion. For more information on eftpos, please visit: www.eftposaustralia.com.au
About Adyen
Adyen is the payments platform of choice for the world’s leading companies. Adyen delivers frictionless payments across online, mobile, and in-store. With offices all around the world, Adyen serves more than 4,500 businesses, including 8 of the 10 largest US Internet companies. Customers include Facebook, Uber, Netflix, Spotify, L'Oreal, MJ Bale, Freelancer and Kogan.com.

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