Why Adyen has Partnered with Medius for Corporate Cashback

In a significant move for the European spend management sector, Medius has partnered with fintech giant Adyen for the rollout of corporate cards that are integrated with Medius’ expenses management solution.

The collaboration aims to offer rebates, facilitating the differentiation in competitive markets as well as supporting Chief Financial Officers (CFOs) with driving cost efficiency and compliance needs. 

Driving ROI through cashback

Central to the partnership is a new cashback rewards programme for corporate card transactions. '

Starting in the EU and UK markets in Q1 2026, customers can earn up to 0.5% back on all card spend. Rebates are credited monthly directly to customer invoices to provide an instant return on investment  – assisting financial teams with budgeting challenges as economic conditions continue to tighten.  

Following the initial European rollout, the companies plan to expand the offering to the US later in the year.

Ekaterina Dzhalchinova, Vice President of Payments at Medius, notes: “Finance leaders are under pressure to do more with less, and we’re giving them a tool that doesn’t just control spend – it pays them back.

"Partnering with Adyen means we can deliver a secure, scalable solution that turns everyday transactions into tangible savings.”

Localised payments and FX efficiency

The new solution addresses common friction points in cross-border business travel and procurement.

The corporate cards are issued in native European currencies, which removes the burden of foreign exchange fees for transactions within those regions. To ensure accessibility for a modern workforce, the cards are compatible with Apple Pay and Google Wallet, while physical cards remain available for traditional use.

By leveraging Adyen’s global payments infrastructure, the cards offer transparent, automated expense tracking and AI-driven fraud prevention. The service is built on a cost-effective model with no additional SaaS fees, which strengthens the value proposition for CFOs looking to consolidate their tech stack.

Alexa von Bismark, Head of EMEA at Adyen, says: “This partnership is about more than payments – it’s about empowering businesses to rethink how they manage expenses. Together, we’re creating a smarter, more rewarding way for companies to handle spend across Europe."

Integration with Expensya

The partnership further utilises Medius’s acquisition of Expensya to provide seamless integration between the physical act of spending and the back-office accounting process.

This connectivity ensures that every transaction is automatically captured, coded and reconciled, reducing the manual workload for AP departments.

For Medius, which processes US$300bn in annual spend across 4,000 customers, the move into card issuance represents a natural evolution.

By embedding Adyen’s financial technology into its existing automation suite, the company is positioning itself as an end-to-end spend management partner. The goal is to drive higher compliance rates by making the corporate card the most convenient and rewarding way for employees to pay.

A more personal approach 

Adyen continues to foster healthy market competition with the partnership. The news comes shortly after Adyen Personalize was launched, which aims to address checkout friction for merchants. 

By facilitating a smoother checkout through Adyen’s payment optimisation suite, the 6,500+ businesses saw an average increase of 1.19% in payment conversion rates.

The announcement comes on the heels of Adyen’s research that shows 37% of shoppers abandon a purchase if the process takes too long. Additionally, 72% of businesses report that high transaction fees continue to put significant pressure on profit margins.