Adyen, a leading global payments platform, has announced its expansion into India following 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 new technology hub in Bengaluru and the introduction of local payment processing capabilities.
Adyen’s local processing will enhance its all-in-one payment platform, enabling merchants in India to optimize transactions with localized payment solutions.
Ingo Uytdehaage, Co-CEO of Adyen, commented, “The drive towards a cashless India presents a significant opportunity for businesses to offer enhanced customer experiences in one of the fastest-growing e-commerce markets globally.”
Aditya Khullar, Country Manager for India at Adyen, added, “We aim to transform digital payments in India with our comprehensive global solution and local processing capabilities, allowing merchants to focus on growth opportunities within the country. Our commitment is to support our merchants’ long-term success as we expand our footprint in India.”
The new technology hub in Bengaluru will position Adyen closer to its Indian merchants and tap into the country’s robust tech talent pool to develop and support payment products for both India and Adyen’s international platform.
Adyen’s platform manages the entire payment flow, including gateway, risk management, and acquiring, helping brands accelerate global expansion and streamline payment processes while meeting customer expectations. The platform supports a range of local and global payment methods, including Visa, Mastercard, Rupay, and UPI, allowing merchants to cater to diverse customer preferences seamlessly.
