XY Retail, the global commerce solution that helps retailers streamline omnichannel operations and foster the strongest, most meaningful, and profitable relationships with their customers, today announced its partnership with Adyen, the global financial technology platform of choice for leading businesses. The partnership provides luxury retailers with a single cloud-based solution unifying all aspects of their commerce and supporting their complex payment needs.
XY Retail is a global leader for luxury retailers looking to simplify their digital retail operations by providing a complete tech stack, centralizing global data across point-of-sale (POS), eCommerce, customer, catalog, inventory and sales. The Adyen partnership will now give retailers a simplified payment solution, rounding out the offering and putting global marketplace management in one centralized platform.
“For XY customers, integrating their physical and digital businesses is crucial, and that includes payments,” says Susan Jeffers, CEO of XY Retail, “We are seeing hybrid shopping take on greater importance for consumers. The partnership with Adyen will mean that more of our customers can seamlessly manage in-person and online payments globally through XY, while introducing mobility, streamlining workflows and providing an improved consumer experience.”
XY Retail has leveraged Adyen’s innovative payment processing tools to extend the functionality of the XY platform, delivering a seamless, secure, unified omnichannel experience with frictionless transactions. Currently, the combined solution is being piloted with a global luxury brand for over 500 stores. Thanks to the new Adyen integration, retailers on the XY platform will be able to connect with loyal customers across all devices in a single solution for end-to-end payments, data, and financial management, gaining better visibility into payment cost structure, reduced chargeback fraud, and improved overall payment acceptance and authorization rates.
About XY Retail:
XY Retail is the only headless unified commerce platform and POS built from the ground up for retail brands that want to streamline their omnichannel operations, foster meaningful customer relationships, and redefine the in-store experience for consumers and store associates. Luxury brands worldwide have adopted XY Retail’s API-driven, mobile-first cloud platform to modernize their stores and manage their entire global retail operations— from data decisioning, stock management, and order management to hyper-personalized clienteling and merchandising experiences. The platform also boosts commerce by enabling retailers to fulfill online orders up to 300 percent faster. XY Retail is headquartered in New York and Milan and operates in over 23 countries. The company is backed by Stage 1 Ventures and Monta Vista Capital. Learn more at http://www.xyretail.com.