Adyen

One platform for online, in-store and mobile payments — then a take rate on every euro of volume: Adyen N.V. (Euronext: ADYEN) runs end-to-end acquiring and financial products on a single global stack, prices cards with Interchange++ (issuer interchange + scheme fees + Adyen's acquirer markup, typically shown as about $0.13 + 0.60% plus pass-throughs, with no setup or monthly fees), and earns net revenue equal to roughly 17.0 basis points of processed volume in FY2025. Merchants sit in Digital, Unified Commerce or Platforms pillars; platforms attach Issuing, Capital and business accounts; Intelligent Money Movement and Adyen Agentic extend the same stack. In 2025 Adyen processed €1.39 trillion, booked €2.36 billion of net revenue and a 53% EBITDA margin; H1 2026 volume grew 24% to €804 billion with net revenue €1.30 billion (+19%).

Click any of the 9 blocks below for a plain-language story of how that part of the model works for Adyen — and how it connects to the others.