CAFU chooses Adyen to offer a seamless payment experience on the roads of UAE and Canada

CAFU chooses Adyen to offer a seamless payment experience on the roads of UAE and Canada

Dubai, UAE – Adyen (ADYEN:AMS), the global financial technology platform for leading businesses, has partnered with CAFU, the on-demand fuel delivery company in the UAE, to completely optimize the payment landscape for Electric Vehicle Charging (EVC) and fuel delivery services.

Thanks to Adyen's machine learning-powered solutions, CAFU successfully safeguarded its revenue and enhanced its authorization rates. CAFU utilized Adyen's RevenueProtect, an integrated fraud prevention solution, to strengthen its risk management capabilities. This not only resulted in reduced payment processing costs but also mitigated the risks associated with fraudulent chargebacks. Additionally, CAFU implemented Adyen's Revenue Accelerate, a second solution, to boost authorization rates and increase overall revenue. By automatically recovering revenue from declined payments with fewer retries, even in cases of insufficient funds. This solution identified optimal days and times for payment retries while minimizing the likelihood of payment failures.

Expanding into foreign markets can be financially complicated, and businesses need to consider local payment methods, currency conversions, taxation, and banking requirements. Adyen's global reach and acquiring capabilities enabled CAFU to swiftly handle its expansion to Canada with only one integration and speed up the process in the payment sector, supporting CAFU’s initiatives to reduce carbon emissions from transportation even in the absence