Pieter Van Der Does Essay
Pieter Van der Does, chief executive officer of Adyen is the Silicon Valley’s preferred choice for payment processing. Many people, well, more than half of the nation does not even know about this CEO taking silicon-valley by storm with the fastest developing firm in the e-commerce industry. Competitors like Stripe, PayPal, and First data are still trying to catch up to the innovative ways this technology company has overwhelmed the process of payments.
Pieter Van Der Does started working at Bibit by way of a good friend. Bibit was a startup company that helped technology companies and airlines accept money on the internet. He joined the sales team and became CCO focusing on sales, public relations and legal. In 2004, Royal bank of Scotland …show more content…
People are able to make payments not only at a store, but can do so electronically. These changes are due to the advancement in technology. You can now make a purchase or payment at the click of your hand. This is made possible through smartphones being able to take payments. Adyen sells standard retail checkout terminals and square-style hardware that integrates with a smartphone, enabling salespersons to take payments remotely from anywhere.
Security is also making changes in the payment processing industry. Adyen has machine learning software that helps refine company formatting, fraud detection, and transaction analysis in real time. Since Adyen provides one platform for all purchases on mobile, desktop and in physical stores it makes it easier to deter from fraudulent purchases. It also offers loyalty points and discounts in real time at checkout.
The ability to make conversion rates quicker. This saves money. It takes a large amount of time for companies like Chase Paymentech, WorldPay, GlobalCollect and Stripe to convert money to the US dollar. Adyen is able to boost conversion rates and reduce charge backs to merchants by 27% better than its
Pieter Van Der Does started working at Bibit by way of a good friend. Bibit was a startup company that helped technology companies and airlines accept money on the internet. He joined the sales team and became CCO focusing on sales, public relations and legal. In 2004, Royal bank of Scotland …show more content…
People are able to make payments not only at a store, but can do so electronically. These changes are due to the advancement in technology. You can now make a purchase or payment at the click of your hand. This is made possible through smartphones being able to take payments. Adyen sells standard retail checkout terminals and square-style hardware that integrates with a smartphone, enabling salespersons to take payments remotely from anywhere.
Security is also making changes in the payment processing industry. Adyen has machine learning software that helps refine company formatting, fraud detection, and transaction analysis in real time. Since Adyen provides one platform for all purchases on mobile, desktop and in physical stores it makes it easier to deter from fraudulent purchases. It also offers loyalty points and discounts in real time at checkout.
The ability to make conversion rates quicker. This saves money. It takes a large amount of time for companies like Chase Paymentech, WorldPay, GlobalCollect and Stripe to convert money to the US dollar. Adyen is able to boost conversion rates and reduce charge backs to merchants by 27% better than its