Adyen Broadens Partnership With Free Now To Power New Visa Corporate Travel Cards
Adyen, the global financial technology platform of choice for large enterprises, announced that it has extended its partnership with FREE NOW, Europe’s leading mobile platform, to provide streaming services. card issuance for mobile. This financial services addition builds on Adyen’s longstanding relationship with FREE NOW, the company that previously covered global payments. With Adyen’s release capabilities, while joining FREE NOW’s tool belt, the company aims to streamline migration benefits on behalf of its corporate customers, who will be able to offer a public pass. company to employees as an overall traffic advantage. By expanding its mobile service beyond its own carpooling app to include various modes of public transit, FREE NOW is equipped and committed to creating the ultimate travel card for the company.
“Today, companies spanning all verticals are thinking bigger about the services they offer their customers,”
“Differentiation is no longer just nice to have – the companies who meet more customer needs are the ones poised to succeed. Adyen can enable this competitive advantage with our suite of financial services. As embodied in our growing FREE NOW partnership, we make it possible to unlock entirely new experiences and efficiencies that drive new revenue streams and cater to end customers.”
Adyen CCO, Roelant Prins.
FREE NOW has a portfolio of corporate customers using the Mobile Super App as an employee mobility benefit. While the app offers carpooling, car sharing, and micro-mobility options, these are just a few forms of transportation employees need. In fact, many modes of transportation are used including buses and subways, rail travel, ferries, and more. This diversity in spending means that companies face a lack of transaction monitoring and control, complex contract setup, and labor-intensive billing management. Through Adyen’s card issuance solution, FREE NOW has identified an innovative way to streamline this historically complex employee benefit.
“The virtual payment card issued by Adyen enables us to offer an even wider range of mobility options to our business clients. It was very important to us to find a trustworthy partner with international reach, so our clients can use their Mobility Budget wherever they are in the world. Adyen’s dedicated and proactive support during the integration phase helped us to launch this project to our customers across Europe very swiftly & professionally.”
Fabio Griemens, Director B2B Operations at FREE NOW.
With a Visa business card issued by Adyen, businesses will have full control over when, where and how much employees can spend while on business. To enable full mobility, the card can be easily stored in the employee’s digital wallet. Once downloaded, employees can use their FREE NOW branded Visa business card to pay for taxis, train tickets, subways, buses, trams or any transportation. other. It’s a single solution that meets all of your employees’ mobility needs, whether on daily trips or on business trips.
“Adyen has been a fantastic partner to Visa over the years,”
“Through our innovative work together, we are pleased to help mobility businesses such as FREE NOW to empower their customers.”
Neil Caldwell, SVP Merchant Sales & Acquiring at Visa.
In addition to making it easy for employees to use, Adyen’s Release capability offers significant benefits to FREE NOW’s business customers. Businesses will gain rich insights into their employees’ transactional activities, which can better inform their budget allocation. Adyen’s global banking license provides international coverage and eliminates third-party dependencies. With Adyen’s unique integration, the same card can be issued at the company’s other locations in the UK and EU. In addition, when employees travel internationally, the card can be used in all countries that accept Visa. With consistent monitoring and simplified reconciliation, FREE NOW’s Mobile Benefit Card is a one-stop solution for corporate transportation management.