How to Cancel Adyen
Subscription in Few Steps
Need to cancel your Adyen subscription? Learn how to do it in a few easy steps and manage your finances effectively.
Adyen is an international payment platform that offers traders a unified commerce platform. It provides various payment processing services, such as online payments for Internet, mobile, and point-of-sale transactions. However, there may be a time when you want to cancel your Adyen subscription but cannot. We will discuss how to cancel your subscription, its refund policy, investment opportunities, etc.
Methods of Cancellation
Unsubscribing from the Adyen is quite an easy process. To cancel your Adyen account and recurring payments, please follow these steps:
Step 1
Log into your Adyen account.
Step 2
Go to the customer area and click on the Account option.
Step 3
Click the 'Close Account' from the dropdown.
Step 4
Choose the date you would like to cancel.
Step 5
Confirm your cancellation.
Adyen Subscription Refund Policy
Once an Adyen subscription is canceled, no refunds are made. However, services shall continue until the end of the present billing cycle on cancellation. No refunds are given for unutilized parts of subscriptions. Nonetheless, specific contracts or agreements might have some exceptions depending on the contract agreement terms.
How Much Can You Save After Canceling Your Adyen Subscription?
Cancelling your Adyen subscription can save you a lot, especially when your organization makes many transactions. Every transaction through Adyen attracts a fixed $0.13 processing fee plus an additional payment method-based fee. Businesses handling hundreds of transactions per month can quickly accumulate these charges.
Where to Invest That Amount
Certificates of Deposit (CDs)
CDs pay fixed interest rates for some time. These investments are ideal for those looking for predictable income streams because they offer guaranteed returns.
Index Funds
Invest in index funds, such as the S&P 500. These are funds that ensure diversification and have historically posted robust long-term returns.
Dividend Stock Funds
Dividend stock funds are an excellent source of passive income. They allow investors to earn regular dividends while benefiting from capital appreciation potential.
Stocks and Mutual Funds
Consider stocks and mutual funds to take more risks. Diversify your portfolio. This balance is key to matching risk with reward.
Alternatives to Adyen Subscription
In case you cancel Adyen but still need payment processing solutions, here are some alternatives:
Stripe
Stripe is one of the most popular payment processors that enable businesses to accept payments online; it offers various tools for managing transactions, including subscriptions with fraud prevention, all known for its easy-to-use web interface and reliable API that serves companies regardless of their size.
Airwallex
Airwallex is a fintech firm that provides cross-border payments globally, currency exchanges, and embedded finance services. It plans to ease cross-border payments and facilitate firms' global expansion.
Alviere
Alviere is a financial platform that offers embedded finance solutions. It provides a banking-as-a-service facility so that businesses can incorporate its financial services into products. The platform offers tools for opening accounts, making payments, and managing money.
Conclusion
Many major brands worldwide use Adyen to handle their transactions across various sectors. In case you cancel your Adyen subscription, here is what you can do with the saved amount: You can decide to invest in another streaming service, invest in various investment options, or repay loans. Beem can help you make more informed financial decisions. Try Beem and get secured financially!
ADYEN/INTERNET
