eCabs enlists global financial services provider Adyen

Published by
The Malta Business Weekly

The strategic move is intended to fuel eCabs international growth

eCabs has partnered with Adyen, the global financial technology platform which last year processed €516 billion in transactions, to provide a new payment gateway for its global operations. Through Adyen, which counts the likes of Facebook, Spotify, H&M, eBay, and Microsoft among its clients, eCabs will provide a highly efficient best-in-class payments service for both customers and drivers, installing another pillar for eCabs’ international growth programme.

Luca di Michele, Chief Technology Officer at eCabs, said, “We opted to partner with global player Adyen to make sure we are using the best-in-class that can accommodate both existing and future demand both in Malta and internationally. Adyen is a global stamp of quality and its integration into the eCabs platform makes it even more attractive to international partners we are working with to deploy a leading-edge digital ride-hailing experience for their customers”.

Roelant Prins, Chief Commercial Officer at Adyen said, “We are delighted to be partnering up with eCabs to power their new payment solution. Our global financial technology platform is well positioned to match eCabs international scaling ambitions, offering a single global payment system that reduces the complexity of accepting payments across international borders.”

As part of its payment services Adyen also specialises in preventing, detecting, and responding to fraud, smart authentication of payments and in providing analysis and insights. It also offers features which enable customers to donate to good causes. The Adyen move together with eCabs’ recent successful migration to Google Cloud Platform are major steps in eCabs’ journey towards the internationalisation of its ride-hailing platform.

The Malta Business Weekly

In 1994, the Malta Business Weekly became the first newspaper fully dedicated to business. Today this newspaper is a leader in business and financial news. Together with the launch of the MBW newspaper, the company started organising various business breakfasts to discuss various current issues that were targeting the business community in Malta.

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