Insights

Adyen and Vapiano Join Forces to Streamline Checkout and Payment Options

Pat Crawley
Pat Crawley
22 Min Read
adyen-and-vapiano-join-forces-to-streamline-checkout-and-payment-options

by Tareq Sikder

  • The collaboration follows pilot in London, highlighting demand for mobile ordering.
  • Research suggests, 54% may abandon checkout if their preferred method is unavailable.

Adyen

Adyen

Adyen, a global financial technology platform, has disclosed a collaboration with Vapiano, an Italian restaurant group, aimed at augmenting the customer experience.

Through this partnership, Adyen intends to bolster the checkout process at Vapiano by affording guests the ability to tailor their checkout experiences and avail themselves of mobile phone-based food orders using digital wallet payments.

Mobile Ordering Demand and Payment Options

The decision to embark on this collaboration stems from a pilot initiative undertaken at one of Vapiano’s London establishments, where analysis revealed that 80% of orders were executed through a mobile ordering platform accessed via customers’ phones.

This pilot emphasized a growing demand for expedited and streamlined ordering services, while concurrently underscoring the scarcity of payment options accessible to patrons.

$ADYEN partners with global Italian restaurant group Vapiano

Adyen will enhance the customer experience by enabling mobile ordering and offering a wider range of payment options. A successful pilot in a London branch showed high demand for mobile orders but limited payment… pic.twitter.com/JfhRYEHHZU

— Wolf of Harcourt Street (@wolfofharcourt) May 22, 2024

Meanwhile, Adyen has partnered with Cotti Coffee, as Finance Magnates reported. The firm is extending the coffee chain’s reach to Canada, Australia, Japan, Singapore, and the UAE. Cotti Coffee, known for its quality and affordability, celebrates its 7,000th store globally, expanding to 28 countries since its flagship opening in October 2022.

Initiative Addresses Payment Preferences

Adyen’s financial technology platform emerges as a facilitator for Vapiano to enrich its digital capacities, offering a pliable service framework and an expanded array of payment modalities. This initiative aligns with prevailing trends towards payment versatility.

As corroborated by recent consumer research conducted by Adyen, wherein 54% of respondents expressed potential willingness to abandon the checkout process if their preferred payment method is unavailable. Additionally, 27% of consumers indicated the cessation of carrying a physical wallet, further accentuating the shift towards digital payment preferences.

Adyen, a global financial technology platform, has disclosed a collaboration with Vapiano, an Italian restaurant group, aimed at augmenting the customer experience.

Through this partnership, Adyen intends to bolster the checkout process at Vapiano by affording guests the ability to tailor their checkout experiences and avail themselves of mobile phone-based food orders using digital wallet payments.

Mobile Ordering Demand and Payment Options

The decision to embark on this collaboration stems from a pilot initiative undertaken at one of Vapiano’s London establishments, where analysis revealed that 80% of orders were executed through a mobile ordering platform accessed via customers’ phones.

This pilot emphasized a growing demand for expedited and streamlined ordering services, while concurrently underscoring the scarcity of payment options accessible to patrons.

$ADYEN partners with global Italian restaurant group Vapiano

Adyen will enhance the customer experience by enabling mobile ordering and offering a wider range of payment options. A successful pilot in a London branch showed high demand for mobile orders but limited payment… pic.twitter.com/JfhRYEHHZU

— Wolf of Harcourt Street (@wolfofharcourt) May 22, 2024

Meanwhile, Adyen has partnered with Cotti Coffee, as Finance Magnates reported. The firm is extending the coffee chain’s reach to Canada, Australia, Japan, Singapore, and the UAE. Cotti Coffee, known for its quality and affordability, celebrates its 7,000th store globally, expanding to 28 countries since its flagship opening in October 2022.

Initiative Addresses Payment Preferences

Adyen’s financial technology platform emerges as a facilitator for Vapiano to enrich its digital capacities, offering a pliable service framework and an expanded array of payment modalities. This initiative aligns with prevailing trends towards payment versatility.

As corroborated by recent consumer research conducted by Adyen, wherein 54% of respondents expressed potential willingness to abandon the checkout process if their preferred payment method is unavailable. Additionally, 27% of consumers indicated the cessation of carrying a physical wallet, further accentuating the shift towards digital payment preferences.

Tareq Sikder

  • 675 Articles
  • 4 Followers

A Forex technical analyst and writer who has been engaged in financial writing for 12 years.

Finance Magnates Daily Update

Get all the top financial news delivered straight to your inbox. Stay informed, stay ahead.

Keep Reading

More from the Author

FinTech

SuperApps: One App to Rule Them All?

SuperApps: One App to Rule Them All?

SuperApps: One App to Rule Them All?

SuperApps: One App to Rule Them All?

“SuperApps: One App to Rule Them All?” Catch what the experts think about the future of financial services.

“SuperApps: One App to Rule Them All?” Catch what the experts think about the future of financial services.

“SuperApps: One App to Rule Them All?” Catch what the experts think about the future of financial services.

“SuperApps: One App to Rule Them All?” Catch what the experts think about the future of financial services.

More Videos

  • Lebowa Capital’s Jimmy Moyaha at an FMLS:24 panel discussion

    Lebowa Capital’s Jimmy Moyaha at an FMLS:24 panel discussion

    Lebowa Capital’s Jimmy Moyaha at an FMLS:24 panel discussion

    Lebowa Capital’s Jimmy Moyaha at an FMLS:24 panel discussion

    Lebowa Capital’s Jimmy Moyaha at an FMLS:24 panel discussion

    Lebowa Capital’s Jimmy Moyaha at an FMLS:24 panel discussion

    Lebowa Capital’s Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.

    Lebowa Capital’s Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.

    Lebowa Capital’s Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.

    Lebowa Capital’s Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.

    Lebowa Capital’s Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.

    Lebowa Capital’s Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.

  • Doo Prime’s Fraser Nelson is explaining the challenges of liquidity in different markets.

    Doo Prime’s Fraser Nelson is explaining the challenges of liquidity in different markets.

    Doo Prime’s Fraser Nelson is explaining the challenges of liquidity in different markets.

    Doo Prime’s Fraser Nelson is explaining the challenges of liquidity in different markets.

    Doo Prime’s Fraser Nelson is explaining the challenges of liquidity in different markets.

    Doo Prime’s Fraser Nelson is explaining the challenges of liquidity in different markets.

    Doo Prime’s Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on “How to Trade the News.”

    Doo Prime’s Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on “How to Trade the News.”

    Doo Prime’s Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on “How to Trade the News.”

    Doo Prime’s Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on “How to Trade the News.”

    Doo Prime’s Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on “How to Trade the News.”

    Doo Prime’s Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on “How to Trade the News.”

  • FMLS:24 exhibition venue is crowded on the second day.

    FMLS:24 exhibition venue is crowded on the second day.

    FMLS:24 exhibition venue is crowded on the second day.

    FMLS:24 exhibition venue is crowded on the second day.

    FMLS:24 exhibition venue is crowded on the second day.

    FMLS:24 exhibition venue is crowded on the second day.

  • Panel Discussion on “Regulation, Trust, and the Future of Trading in Africa”

    Panel Discussion on “Regulation, Trust, and the Future of Trading in Africa”

    Panel Discussion on “Regulation, Trust, and the Future of Trading in Africa”

    Panel Discussion on “Regulation, Trust, and the Future of Trading in Africa”

    Panel Discussion on “Regulation, Trust, and the Future of Trading in Africa”

    Panel Discussion on “Regulation, Trust, and the Future of Trading in Africa”

    Experts discuss the topic “Regulation, Trust, and the Future of Trading in Africa” at FMLS:24

    Experts discuss the topic “Regulation, Trust, and the Future of Trading in Africa” at FMLS:24

    Experts discuss the topic “Regulation, Trust, and the Future of Trading in Africa” at FMLS:24

    Experts discuss the topic “Regulation, Trust, and the Future of Trading in Africa” at FMLS:24

    Experts discuss the topic “Regulation, Trust, and the Future of Trading in Africa” at FMLS:24

    Experts discuss the topic “Regulation, Trust, and the Future of Trading in Africa” at FMLS:24

You Might Also Like

Stripe and FreedomPay Collaborate for Enterprise Solutions over 1,000 POS Systems

Payment Service Providers Shift to Fintech, 95% Report Banking Restrictions

Revolut Pursues Banking License in Colombia Following Mexico Approval

Cinkciarz.pl Files 1.5 Billion Suit against Polish Banks amid License Row

Revolut Urges Meta to Compensate Fraud Victims on Its Social Media Platforms: Report

TAGGED:
Share This Article
Leave a comment

New Releases

- Advertisement -
Ad image

Trending Stories