Etsy Partners With Adyen For Better Payment Processing

Etsy buyers and sellers are about to get a boost in enhanced payment experience.

Payments company Adyen announced crafting a global partnership with online marketplace Etsy, covering both the U.S. and European markets, as well as other key markets where Etsy maintains a presence.

Peer-to-peer eCommerce site Etsy includes a marketplace of 1.7 million sellers offering unique, vintage and handmade items.

Adyen is known for powering payments for giants like Uber, Facebook and Netflix. The business said it intends to provide a seamless customer experience, allowing users to pay using their preferred currency and method.

“Our goal at Etsy is to leverage technology to bring people together through commerce,” said James Esposito, Vice President of Payments, Risk & Treasury at Etsy. “Working with Adyen enables us to further optimize the buying and selling environment for our community.”

Etsy and Adyen said the payments will now relay between users faster and become more reliable for both buyers and sellers.