Instacart, the top grocery technology company in North America, has selected Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, as an additional payment processing partner.

Under the terms of the cooperation, Instacart will use Adyen’s features, such as the ability to process PIN-less debit transactions, to further optimise and increase authorization rates and provide a more pleasant shopping experience for its customers.

According to Adyen’s President of the North American Region, Brian Dammeir, “working with Instacart on US throughput activation and processing is the first step in what will become a very exciting partnership.” As Instacart expands, we hope to continue our collaborative work on improving their payment options.

Vice President of Strategy, Business Development, and Partnerships at Instacart Heather Rivera said, “At Instacart, we’re focused to developing the finest possible online grocery experience for the customers and partners that trust us every day.” Adyen’s acquisition as a payment partner will help us expand our business and provide a seamless experience for our clients from browsing to paying.

Source: Prnewswire