Temu expands partnership with Adyen as it launches across more markets
- Written by Business Daily Media
Adyen, the financial technology platform of choice for leading companies, today announced its expanded partnership with Temu, the global e-commerce platform that connects consumers with millions of merchandise partners, manufacturers, and brands.
Adyen helped Temu go live in the U.S. in 2022 and has since partnered with the online shopping platform in Canada, Europe, Oceania, South Asia, United Arab Emirates, the United Kingdom, and most recently, more South American countries.
“Temu’s customer-centric approach makes them a great innovation partner – they’re often one of the first to implement new and popular payment methods, and we’re pleased to help them achieve their ambitions faster,” said Roelant Prins, Chief Commercial Officer, Adyen.
Adyen’s global acquiring coverage, ability to offer direct connections to new and popular local payment methods enables Temu to launch fast into new markets and have a single overview of transactions across multiple markets.
“Adyen has been a valuable partner since our U.S. launch in 2022. Their expertise in payments and compliance has helped support our mission to broaden consumer access to affordable products and increase growth opportunities for sellers,” said a Temu spokesperson.
Adyen (ADYEN:AMS) 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 Temu as described in this merchant update underlines Adyen’s continuous growth with current and new merchants over the years.
Temu is a global e-commerce platform connecting consumers with millions of manufacturers, brands, and business partners. Operating in over 90 markets worldwide, Temu is committed to providing affordable, high-quality products that enable customers to live better lives. Founded in 2022, Temu's mission is to create an inclusive environment where consumers and businesses can thrive.
