Etsy is the first company to leverage Adyen's Giving round-up feature, allowing customers to round-up their totals to donate.
Etsy launched the
"Adyen's solution has enabled us to seamlessly engage the Etsy community in supporting our
"Partnerships like this one with Etsy and Adyen encourage and simplify the process for people to give to charitable causes. That's what we're seeing here, with the remarkable milestone of reaching 10M buyers," said
"We've seen great traction with Giving and we are thrilled to reach this milestone with Etsy," said Ingo Uytdehaage, CFO at Adyen. "Etsy has been a key partner in building out our Giving solution, including the round-up feature. By combining strengths with Adyen's technology and Etsy's two-sided marketplace, we were able to come together to find a solution that drives impact, in line with the
Giving is a product that enables Adyen's merchants to accept charitable donations during the online and in-store checkout process, and allows them to strengthen their bond with their shoppers by providing a platform for their preferred charitable causes. By doing so, Giving converts shoppers' good intentions into additional revenue streams for charitable causes. With a single tap on a point-of-sale terminal or the click of a button at an online checkout, shoppers can donate to the merchants' charity of choice. Giving transactions seamlessly integrate into existing checkout processes across all payment channels, and shoppers' donations are reported and settled to the charity of choice directly without impacting the merchants' existing reconciliation flow.
About Adyen
Adyen (AMS: ADYEN) is the financial technology platform of choice for leading companies. By providing end-to-end payments capabilities, data-driven insights, and financial products in a single global solution, Adyen helps businesses achieve their ambitions faster. With offices around the world, Adyen works with the likes of Facebook, Uber, H&M, eBay, and Microsoft. The cooperation with Etsy as described in this merchant update underlines Adyen's continuous growth with current and new merchants over the years.
To learn more about Giving, please go here.
About Etsy
Etsy, Inc. operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world. These marketplaces share a mission to keep commerce human, and are committed to using the power of business to strengthen communities and empower people. Its primary marketplace, Etsy.com, is the global destination for unique and creative goods. Buyers come to Etsy to be inspired and delighted by items that are crafted and curated by creative entrepreneurs. For sellers, Etsy offers a range of tools and services that address key business needs.
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