Dutch FinTech Adyen has partnered with open banking business Tink.
In Brief:
Adyen will embed technology from Tink so its customers can offer open banking payments.
Tink’s payment initiation technology means businesses can make account-to-account payments.
Adyen customers will have this capability across the UK before it is rolled out to other markets.
What does this mean?
Retailers that use Adyen will be able to offer their customers more options to pay at the till from their chosen “banking environment”.
