PayPal and Adyen expand global partnership to enhance guest checkout experience

PayPal and Adyen have announced an expansion of their global strategic partnership to enhance guest checkout flows for enterprise and marketplace customers. This collaboration will introduce Fastlane by PayPal as a new guest checkout option on Adyen's platform, initially targeting the U.S. market before a global rollout. Fastlane aims to expedite the checkout process by pre-filling saved card and shipping information, leading to increased conversion rates and improved user satisfaction.

This move strengthens the existing relationship between the two companies and aligns with PayPal's goal to be accessible wherever customers shop globally. Leaders from both firms, including Alex Chriss of PayPal and Pieter van der Does of Adyen, expressed enthusiasm about the partnership's potential to provide seamless payment experiences and drive value for businesses worldwide.

Source: FinTech Global