A Unique Partnership Between ABN AMRO and Buckaroo

ABN AMRO and Buckaroo are entering into an exclusive partnership in the field of payment services for retailers. Retailers play a major role in Dutch society, for which secure, simple, and innovative payment solutions are essential. By joining forces, ABN AMRO and Buckaroo can serve this customer group even better with both banking expertise and innovative payment solutions. In addition, both parties are strengthening their position in the field of payment services. 

Successful partnership 

Developments in the payments market are following one another at an ever-increasing pace, with digitalization, convenience, speed, flexibility, and security ranking high among customer needs. As part of the new partnership, Buckaroo will gradually take over all POS transactions of ABN AMRO customers. This enables retailers and webshops to make use of a wide range of financial services, making payments in-store or online even easier.

Erica Kostelijk, Director of ABN AMRO Transaction Banking: “ABN AMRO helps customers achieve optimal business success in this rapidly evolving market; from start-up retailers to large physical and online stores. Buckaroo’s service-oriented approach and flexibility are a strong fit. Buckaroo is a partner that provides innovative payment services to small and medium-sized enterprises (SMEs) and the corporate market, doing so from the same customer-focused and entrepreneurial vision as ABN AMRO.”  

Paul Scholten, CEO of Buckaroo: “We are very pleased with this unique partnership. Buckaroo is the ideal payment partner for ABN AMRO’s customers. We serve more than 30,000 corporate and SME customers with a broad range of omnichannel payment solutions: from in-store to online payments, and from subscription support to debtor management. In addition, as a Dutch company, we are used to providing the high-quality, local service that customers deserve.” 

Direct benefit for customers 

The synergy between ABN AMRO and Buckaroo offers immediate, concrete benefits for customers. They gain access to a broader range of payment services, including payments via POS terminals, credit cards, and online payment methods such as PayPal, Klarna, Riverty, Sofort, Bancontact, and Apple Pay. They can also make use of additional services that optimize in-store or online payments, thanks to technical integration options with online platforms such as Magento or Shopware. Both Buckaroo and ABN AMRO share the ambition to further expand their customer portfolio among both SMEs and corporate customers in the coming years. 

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About ABN AMRO 

ABN AMRO is a Dutch bank serving retail, business, and private banking customers. We offer a broad range of financial products and services, with a primary focus on Northwestern Europe. ABN AMRO's purpose is Banking for better, for generations to come. Our headquarters are located in Amsterdam. We serve more than 5 million customers and employ over 24,000 people.

About Buckaroo 

Since its founding in 2005, Buckaroo, headquartered in Utrecht, has grown into one of the leading payment service providers for online and in-store payment solutions in the Netherlands and Belgium. Buckaroo supports more than 30,000 enterprise and SME customers in developing their payment strategies, with a total processing volume exceeding €14 billion. Following its acquisition of SEPAY, the company also operates its own network of 20,000 fixed and mobile payment terminals. Buckaroo is owned by Keensight Capital, a European investor specializing in fast-growing Technology and Healthcare companies.