Thanks to the cooperation with Adyen in the field of network token optimization, Microsoft recorded a positive increase in the level of authorization.
Adyen (AMS: ADYEN), a global payment platform often chosen by a number of leading global companies, is expanding its partnership with Microsoft to accelerate innovation for both companies and launch Adyen's network token optimization. Adyen is one of the first platforms to introduce a range of payment tokenization solutions and offers automatic token optimization to increase authorization levels. The optimization of network tokens will allow entities such as Microsoft to increase profits thanks to a higher level of authorization.
"Customer experience is always at the heart of our business and when it comes to the payment process, it all comes down to making it faster, simpler and more secure," said Matt Rossmeissl, vice president, Commercial Technology Solutions, Microsoft. "Microsoft's mission is to offer innovative products, and Adyen's network token optimization is a factor that will contribute to higher authorization levels and greater customer satisfaction."
Adyen and Microsoft have been cooperating since July 2015, and this cooperation began with conquering the European market. Today, Adyen provides Microsoft global payment processing services for all of its products and services. Microsoft, in turn, in addition to the network token optimization service, also uses many other Adyen products, including a real-time account update service called Real-time Account Updater, which guarantees customers a hassle-free purchase, for which the payment is always charged with currently defined tab. Adyen also supports a range of local payment settlement methods used in many of the countries where Microsoft offers its products and services, including the US-based debit networks that are the latest addition to Adyen.
“We always create our products with a focus on the needs of commercial entities and their customers, and Microsoft requires us to help create better and better global solutions. Microsoft's signature concern for customer welfare is a valuable source of information for us, ”said Kamran Zaki, managing director of Adyen. “At the forefront of innovators, the Microsoft team is always eager to test many of our products and services first. We work together every day to provide Microsoft customers with a positive purchasing experience and we look forward to the new results of our cooperation. "
Adyen (AMS: ADYEN) is the payment platform of choice for many of the world's leading companies, providing a modern, end-to-end infrastructure enabling direct connection to payment services such as Visa, Mastercard and other payment methods preferred by customers around the world. Adyen guarantees efficient handling of online, mobile and retail payments. Adyen, with offices in almost every corner of the world, serves customers such as Facebook, Uber, Spotify, Casper, Bonobos and L'Oreal. The collaboration with Microsoft referred to in this material is one of the factors contributing to Adyen's continued growth, made possible by acquiring new and serving existing customers.