Adyen Sees 22% Growth in Processed Volumes as Digital Payments Expand
Hey Payments Fanatic!
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Speaking of scaling… Adyen has reported a 22% increase in processed volumes for the second half of 2024, reaching €666.4 billion, as demand for omnichannel payment solutions continues to rise.
The company saw strong momentum across digital, in-store, and enterprise payments, with Unified Commerce volumes growing 35% and the number of large-scale merchants processing payments through both POS and eCommerce increasing by 97 new additions.
The EMEA region remained a key revenue driver, posting 27% year-over-year growth, while North America revenues climbed 21%. Adyen's Platforms Business, its fastest-growing segment, saw a 44% increase in volume, reaching €88.5 billion in the latest period. Meanwhile, Adyen’s digital payments segment grew 13% to €383.5 billion, with 91% of digital customers using localized payment methods.
The company also highlighted its investment in U.S. debit transaction capabilities, with its Intelligent Payment Routing solution delivering an average 26% cost savings and a 0.22% increase in authorization rates for pilot customers.
Plenty more Payments industry updates await below—let’s dive in! 👇
Cheers,
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