What Adyen gets by embracing Uber at the airport

Core Insights - Uber has been utilizing Adyen's payment infrastructure for 17 years, focusing on expanding its presence in ride-hailing and embedded payments [1] - The partnership is now expanding with the introduction of airport kiosks that allow international travelers to connect with Uber drivers and pay using local payment methods [2] Expansion of Services - The first kiosk is located at La Guardia Airport, with plans for additional kiosks in other international airports, hotels, and ports [2] - Adyen has recently expanded its merchant acquiring services in several countries, including Japan, Mexico, New Zealand, and Australia, and has introduced new payment methods like Pix in Brazil and AfterPay in Australia [3] Payment Personalization - Adyen aims to support local payment methods for travelers from various regions, enhancing the user experience for Uber customers [4] - Uber's strategy includes creating local entities to improve approval rates and reduce costs associated with cross-border transactions [5] Competitive Landscape - Uber employs multiple payment service providers, including Adyen, Stripe, and PayPay, to ensure redundancy and optimize payment processing [6] - The collaboration with Adyen has resulted in increased transaction volume, particularly in the past year [6] Future Prospects - Uber is considering deploying kiosks in hotels and popular tourist destinations, indicating a strategy to further enhance customer convenience [6]