By the numbers: Netherlands-based acquirer and payment gateway Adyen reported €300 billion ($355 billion) in processed volume in H2 2021—a 72% year over year (YoY) surge, per its shareholder letter. Growth accelerated from H1 2021’s 67% increase.
How we got here: The firm said ecommerce trends helped drive business growth. Global ecommerce sales grew 16.3% YoY in 2021, nearing $5 trillion, per eMarketer forecasts from Insider Intelligence.
What’s next? Adyen is strengthening its unified commerce capabilities, something merchants will be increasingly interested in as they look to combine in-store and online processing.
Related content: Check out the “Participants in the Payments Purchasing Chain” section of our Payments Ecosystem 2022 report collection to learn more about how unified commerce will be a key focus for providers this year.
One Liberty Plaza9th FloorNew York, NY 100061-800-405-0844