Global payments platform, Adyen has expanded its partnership with Microsoft to accelerate payments innovation with the launch of Adyen Network Token Optimisation.

Adyen is one of the first payment platforms to enable tokenised payments across multiple schemes and offer automated optimisation of the use of tokens to increase authorisation rates. By adopting Network Token Optimisation, merchants like Microsoft can realise more revenue due to increased authorisation rates. 

“Customer experience is at the centre of everything we do, and when it comes to the payments process it’s about making it faster, simple and secure,” Microsoft vice president of commerce engineering operations, Matt Rossmeissl said.

“Product innovation is at the core of what we do at Microsoft and Adyen’s Network Token Optimisation is a factor in driving better authorisation rates and customer satisfaction.”

Adyen and Microsoft have been working together since July 2015. Today, Adyen processes payments for Microsoft globally, across all Microsoft products and services. Microsoft utilises multiple Adyen products in addition to Network Token Optimisation, including Revenue Accelerate and Real-time Account Updater.  

“We always build products with a focus on our merchants and their end customers, and Microsoft pushes us to help create better global solutions. We have benefited from Microsoft’s consistent desire to provide better experiences for their customers,” Adyen chief operating officer, Kamran Zaki said.

“At the forefront of innovation, the Microsoft team is always willing to act as an early adopter for many of our new products and features. We work together every day to create positive shopping experiences for Microsoft customers, and are excited to see what we will create next.”