McDonald`s has accepted mobile payments so far, but the Adyen deal will bring additional features, including loyalty, simple onboarding for franchises and the simplicity of being on a single platform and having a consolidated view of customer data, an Adyen spokesperson told Mobile Payments Today. The agreement will make Adyen`s payment platform available to McDonald`s UK sites from the beginning of 2020, with a view to international expansion in the future. The fast-growing payment company has reached an agreement that will eventually use it in its global restaurant chain: “We are the only truly unique, technology-driven payment platform to enter into this agreement with McDonald`s to support their in-app payments,” he said. Adyen (AMS: ADYEN), the global payment platform of choice for many world leaders, announced today that it has reached an agreement to make Adyen`s payment platform accessible to McDonald`s markets around the world, starting with the UK early next year. McDonald`s allows customers to order food and pay for it through an app. The fast food company is also developing a delivery business that former chief executive Steve Easterbrook says is expected to generate revenue of about $4 billion by the end of the year. With Adyen`s scalable platform, McDonald`s will be able to continue to deliver a seamless customer experience through a variety of payment methods tailored to the unique needs of our markets,” McDonald`s said in the statement. A partnership with the world`s largest restaurant chain is a coup for Adyen, as payment companies compete for other merchants amid a global e-commerce boom. According to Adyen, mobile orders for pickup and delivery are a nascent business for the food and beverage industry that processes payments for companies such as Deliveroo, Domino`s Pizza Inc. and Dunkin Donuts Inc.
Adyen has already processed payments for other food brands such as Deliveroo, Domino`s and Dunkin`, and has partnered with the world`s largest restaurant chain. “Together, the mobile payment experience will be even easier for McDonald`s customers.” “We will process its mobile application payments to allow for pre-order and delivery,” she said by email. “Our goal is to ensure that we have a flawless experience for the customer and the franchisee.