Intelligent Acceptance
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Checkout.com Selected by Uber to Enable Global Payments
Crowdfund Insider· 2025-10-28 21:03
Core Insights - Checkout.com has formed a strategic partnership with Uber Technologies, Inc to provide acquiring and gateway services for Uber's ridesharing and on-demand delivery platforms across various markets [1][2] Group 1: Partnership Details - Uber selected Checkout.com for its combination of international coverage and domestic expertise in key markets, which aligns with Uber's scale and supports its expansion in the digital economy [2] - The partnership aims to leverage Checkout.com's global acquiring network and advanced payment technologies to enhance transaction speed, security, and reliability [4] Group 2: Technology and Infrastructure - Checkout.com will implement its AI solution, Intelligent Acceptance, which uses real-time data to intelligently route transactions, reduce failures, and improve overall performance [5] - The partnership is seen as a significant milestone for Checkout.com, demonstrating progress in capturing the global enterprise payments market [5] Group 3: Strategic Goals - Uber's VP of Global Commerce emphasized the importance of reliable partners to enhance the payment experience for riders and eaters as the company expands operations [3][4] - Checkout.com is committed to delivering digital payment performance that supports Uber's ambitions in digital mobility [6]
Checkout.com announces employee share buyback at $12bn valuation
Yahoo Finance· 2025-09-29 08:31
Core Insights - Checkout.com plans to launch an employee share buyback program at a valuation of $12 billion, aiming for over 30% net revenue growth in its core business for the current fiscal year [1] - The company anticipates processing more than $300 billion in eCommerce payment volumes this year, with daily processing exceeding $1 billion [2][3] - Checkout.com reported a 45% increase in net revenue growth for its core operations, indicating strong performance and strategic partnerships [3] Business Strategy - The company focuses on delivering value to merchants through partnerships with leading brands like eBay and ASOS, enhancing its position in the digital economy [2] - Checkout.com is onboarding enterprise partners to address merchants' needs for better payment data and higher conversion rates [3] - Plans for sustainable expansion include a 15% growth in workforce, adding 300 new employees by the end of the year [4] Technological Advancements - Investments in machine learning and AI, particularly in agentic commerce, have improved payment performance, unlocking an additional $15 billion in revenue for merchants [6] - New functionalities such as Visa Intelligent Commerce and Mastercard Agent Pay have been embraced, along with support for Google's Agent Payment Protocol [5] - The company has launched card issuing services in collaboration with Visa to streamline merchant transactions [4]
Checkout.com项尧受邀参与 WAIC2025 共话人工智能时代跨境支付新机遇
Jin Tou Wang· 2025-07-31 05:37
Core Insights - The "2025 World Artificial Intelligence Conference (WAIC)" successfully concluded in Shanghai, focusing on AI's role in enhancing cross-border commerce and cooperation between the UK and China [1][4] - Checkout.com participated in a forum discussing AI's impact on cross-border payment solutions, showcasing its innovative applications in Agentic Commerce [2][4] Company Overview - Checkout.com is a leading global payment solutions provider, offering efficient, secure, and modular payment solutions for international merchants, supporting over 150 currencies [6] - The company collaborates with major payment networks like Mastercard and Visa to enhance transaction security and efficiency, particularly in AI-driven commerce [2][6] Industry Trends - The WAIC serves as a significant platform for discussing the integration of AI across various industries, attracting over 800 companies and featuring discussions led by Nobel laureates and Turing Award winners [4] - The event highlighted the importance of AI in driving innovation within the digital economy, particularly in the payment sector [3][4]