Paul Cook joins Adyen as managing director, global acquiring

Stocks and Financial Services Press Releases Thursday December 19, 2013 10:36
Amsterdam--19 Dec--Asian Banker

Amsterdam, December 4th 2013 - Adyen, the global provider of international and multichannel payment solutions, has today announced the appointment of Paul Cook as Managing Director Global Acquiring. Paul will relocate to Adyen’s headquarters in Amsterdam, Netherlands, from his previous position as Head of Acceptance for Visa Inc, AP and CEMEA, in San Francisco. Paul brings a wealth of knowledge and experience to help accelerate the growth of Adyen globally.

Adyen has developed a unique value proposition by offering direct acquiring services in addition to being a full payment service provider. Adyen holds full acquiring licenses for Visa and MasterCard in Europe and has local acquiring capabilities in a number of countries including the United States, Brazil, Spain and France. By offering local acquiring solutions, Adyen makes it possible for its customers to benefit from the best acceptance and authorization rates whilst streamlining costs.

Paul will be responsible for globally expanding Adyen’s acquiring solutions. He joins with several years of acquiring experience gained as Head of Acceptance at Visa Inc. Prior to Visa, Paul roles include Managing Director, Global Payment Acceptance at Barclays, and he has also been part of the executive team running RBS WorldPay.

The newly appointed MD Global Acquiring explained, “Adyen is at the forefront of the multichannel payments business and is rapidly growing in a market that holds huge potential. We will be focusing first and foremost on the needs of global merchants, further developing our acquiring capabilities across the world to facilitate access to local card payment brands as well as international card networks. I look forward to joining a passionate, creative team at Adyen.”

Pieter van der Does, CEO at Adyen commented, “We are delighted to welcome Paul in the strategic position of MD Global Acquiring. Over the past few years Adyen has established a unique global acquiring infrastructure that is used by the leading brands in global commerce. Paul will provide the expertise and experience we need to drive us forward in this space and consolidate Adyen’s position as a leading innovator in the global payment industry.” (December 19 2013)--

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