VTEX has announced a strategic partnership with Adyen that will support the reach of e-commerce businesses as they expand into the global market. Adyen, known worldwide as the leading payments technology company facilitating global commerce, adds additional versatility to the already powerful VTEX name as they continue to offer better services in the international commerce market.
Through the addition of Adyen and its proprietary risk tools, sites run on VTEX can expect an even greater level of conversion rates.
This strategic partnership will enable a vast array of digital commerce businesses to grow and expand into the worldwide marketplace seamlessly with the addition of integrated and centralized payment methods. In select emerging markets, VTEX leads the market with 84% of the market share, and its scalable digital commerce platform has proven to be highly successful for its users.
“We are breaking barriers to reach new markets and encourage significant growth in the sector, counting on the quality and support of this important partnership between two innovative companies,” said Jean Christian Mies, Adyen SVP. Additionally, he stated: “We are capable of providing data insights that can generate additional revenue through advanced technology, while allowing businesses to provide a simple and safe shopping experience to consumers.”
Mariano Gomide de Faria, co-CEO for VTEX remarked: “We are present in the world’s most competitive countries regarding tax incentive policies for exports. Allowing companies to make their local net sales available to over 120 countries is the first pragmatic step to consolidating them on the global retail map.”
