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McDonald’s & Adyen, A Global Fintech Platform To Continue Mobile App Partnership To The U.S – $DIA $MCD

By John F. Heerdink, Jr.

Reportedly, McDonald’s Corporation (MCD) is expanding its partnership with Adyen, the global financial technology platform for the expansion of mobile app partnership to the U.S.

“As consumer demand evolves, Adyen has responded to our needs in a rapidly changing market. Adyen has handled mobile volumes during peak events, such as promotions and rush times. Additionally, they helped improve the success rate for customers registering their preferred payment types to their digital profile and reduced card declines during order placement by using Real-time Account Updater technology. We look forward to where we take the partnership next,” stated Whitney McGinnis, U.S. CIO at McDonald’s.

Kamran Zaki, COO at Adyen stated, “We’ve been working with McDonald’s for several years now and it’s been incredible to see how much we’ve expanded together in that time. McDonald’s is at the forefront of innovation in the QSR space as well as increasing the standard for customer experiences and we are happy to play a part in that global transformation including the U.S.”

The fast-food giant has always focused on serving customers, and that includes offering their preferred payment methods with Adyen in several markets globally. It allows its loyalty customers are able to pay with their saved payment method on the McDonald’s mobile app at the front counter, drive-thru, or kiosk using a four-digit code offering convenience and supporting operational speed.

McDonald’s Corporation (MCD) is the leading global foodservice retailer with nearly 37,000 locations in over 100 countries. The Corporation operates and franchises McDonald’s restaurants in the US and across the globe with over 90% of its restaurants owned and operated by local, independent businessmen and women. To learn more about McDonald’s Corporation (MCD) and to track its progress please visit the Vista Partners McDonald’s Coverage Page

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. 

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(Read Original Story: Adyen and McDonald's expand mobile app partnership to the U.S. in PR Newswire)


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