Checkout Com news and trends

Checkout.com and Mastercard Offer Virtual Cards for Travel Agents
B2B Payments // May 02, 2024

Checkout.com has teamed with Mastercard to offer virtual cards to online travel agents.  “As part of the Mastercard Wholesale Program, which reduces costs for travel businesses through virtual card technology and an innovative pricing model, customers of Checkout.com will be able to pay their suppliers more easily and benefit from...

Bolt and Checkout.com Team for Frictionless Commerce
Retail // March 18, 2024

Checkout technology company Bolt has launched a partnership with payments solutions provider Checkout.com. The collaboration makes Bolt Checkout.com’s “exclusive one-click checkout provider” with Checkout.com becoming “Bolt’s preferred payment partner,” the companies said in a Monday (March 18) press release. “By integrating Bolt’s industry-leading checkout technology with Checkout.com’s enterprise-grade payment solutions,...

Report: Checkout.com UK’s Business Reports Fivefold Increase in Losses
Economy // February 15, 2024

Online payment processing platform Checkout.com has reportedly recorded a $126 million loss in its U.K. business. The company was hit by reduced consumer spending and higher inflation, which led to stalled revenue growth, according to a Thursday (Feb. 15) report from Tech.EU, which cited unnamed sources. Checkout.com’s...

Checkout.com Introduces AI-Powered Video ID Verification Tool
Retail // July 11, 2023

Checkout.com says it is using artificial intelligence to onboard customers in under two minutes. The payments solutions provider on Tuesday (July 11) announced the launch of Identity Verification, an artificial intelligence (AI)-powered video verification tool. “Identity fraud is evolving, with deep fakes and deceptive documents growing in sophistication,”...

Interviews & Exclusives
Data Security Can Help Merchants Swing Consumer Loyalty Their Way

July 05, 2023
As eCommerce merchants look to win the loyalty of customers who are on the fence, there are a range of factors that can be make or break at the point of checkout for these persuadable consumers. For PYMNTS’ study “At The Checkout: Deal-Chasers Versus Loyal Customers,” created in collaboration with checkout.com, we surveyed more than 2,000 […]

Consumers Like Payments Choice but Not Payments Clutter at Checkout

March 03, 2023
Digital wallets, buy now, pay later (BNPL) and a wide range of credit cards and apps compete for space at the checkout, adding friction to the point of sale. Frustrating...

CarMax Says Consumers Want to Buy, Finance and Sell Their Cars Online

December 28, 2022
Online car buying, where digital tools handle the tedious stuff, is remaking automotive checkout experiences. This was the takeaway from a conversation for PYMNTS’ Commerce Voices Series sponsored by Checkout.com,...

How Did Saudi Arabia and Kenya Dodge VC Funding Slowdown?

December 23, 2022
After reaching new heights in 2021, VC funding in EMEA slowed sharply in 2022. While final full-year tallies are not settled yet, data from the first three quarters suggests that...

Quick Reads
Checkout.com and Mastercard Offer Virtual Cards for Travel Agents

May 02, 2024
Checkout.com has teamed with Mastercard to offer virtual cards to online travel agents.  “As part of the Mastercard Wholesale Program, which reduces costs for travel businesses through virtual card technology and an innovative pricing model, customers of Checkout.com will be able to pay their suppliers more easily and benefit from higher conversion rates by issuing virtual cards,” the companies said […]

Bolt and Checkout.com Team for Frictionless Commerce

March 18, 2024
Checkout technology company Bolt has launched a partnership with payments solutions provider Checkout.com. The collaboration makes Bolt Checkout.com’s “exclusive one-click checkout provider” with Checkout.com becoming “Bolt’s preferred payment partner,” the companies said in a Monday...

Report: Checkout.com UK’s Business Reports Fivefold Increase in Losses

February 15, 2024
Online payment processing platform Checkout.com has reportedly recorded a $126 million loss in its U.K. business. The company was hit by reduced consumer spending and higher inflation, which led to stalled...

Checkout.com Introduces AI-Powered Video ID Verification Tool

July 11, 2023
Checkout.com says it is using artificial intelligence to onboard customers in under two minutes. The payments solutions provider on Tuesday (July 11) announced the launch of Identity Verification, an artificial intelligence (AI)-powered video...