Adyen vs iyzico

Adyen is a global payments company founded in Amsterdam in 2006 by Pieter van der Does and Arnout Schuijff, and listed on Euronext Amsterdam since 2018. Adyen runs its own acquiring, processing and risk stack in one system, so a merchant gets one contract and one report for card payments, local payment methods and in-store terminals across many countries. Customers include Uber, Microsoft, eBay and OpenAI.

The platform covers online checkout through Drop-in and Components SDKs, point-of-sale terminals, Tap to Pay on phones, RevenueProtect fraud scoring, network tokenization, payouts, and Adyen for Platforms for marketplaces that onboard and pay sub-merchants. Pricing is published and usage-based: a fixed $0.13 processing fee per transaction plus a payment method fee, such as Interchange++ plus 0.60% for Visa and Mastercard. There are no setup or monthly fees, though a minimum invoice can apply depending on industry.

Adyen fits large retailers, travel and mobility companies, and marketplaces processing high volumes across several regions, where unified data and acquiring margins matter. It is a poor fit for small shops: onboarding is sales-led, integration needs developers, and support is tuned for enterprise accounts. Stripe is easier for startups and SaaS billing, PayPal brings consumer wallet reach, and Square suits small in-person sellers.

Adyen keeps growing: H1 2026 net revenue was about EUR 1.3 billion, up 19% year on year, and in July 2026 it completed the acquisitions of Talon.One (loyalty and promotions) and Orb (usage-based billing).

iyzico is a Turkish payment company founded in Istanbul and acquired in 2019 by PayU, the payments business of Prosus. As a licensed payment institution, it lets businesses in Turkey accept online card payments without setting up a separate virtual POS agreement with each bank.

Merchants get card payments with installment options across Turkish banks, 3D Secure, recurring subscription billing, marketplace payments that split funds between sub-merchants, payment links and a hosted checkout form. Buyers can pay with the iyzico wallet (iyzico ile Öde) using stored cards and balance, and its protected shopping approach builds trust for smaller stores. Plugins and integrations cover platforms such as WooCommerce, Ticimax, IdeaSoft and ikas, and developer APIs and SDKs support custom integrations. Pricing is a commission per transaction that varies with installment count, volume and settlement terms; current rates are published on iyzico's website.

iyzico fits e-commerce stores, SaaS companies and marketplaces selling to customers in Turkey, especially those that want quick onboarding and installment support. Stripe does not onboard Turkish companies, so iyzico is one of the practical alternatives, collecting in Turkish lira under local regulation. Commissions can be higher than direct bank virtual POS rates for high-volume merchants, and businesses selling mainly abroad need international payment options. PayTR, Param and Sipay are local competitors, and large merchants often combine a provider like iyzico with direct bank POS agreements.