Uber Partners with Checkout.com for Global Payment Processing
▼ Summary
– Uber has partnered with Checkout.com to provide payment processing services for its ridesharing and delivery platforms worldwide.
– The partnership was chosen due to Checkout.com’s global coverage combined with local market expertise and digital-first approach.
– Uber will utilize Checkout.com’s proprietary acquiring network and AI technology to improve transaction speed, security, and reliability.
– Checkout.com’s Intelligent Acceptance system uses real-time data to optimize transaction routing and reduce payment failures.
– This collaboration represents a significant milestone for Checkout.com in expanding its enterprise payments market presence globally.
Uber has officially joined forces with Checkout.com to manage payment processing for its worldwide ridesharing and food delivery services. This collaboration means Checkout.com will supply acquiring and gateway services across numerous international markets, strengthening the financial backbone of Uber’s operations. The decision was influenced by Checkout.com’s extensive global reach combined with specialized knowledge in local payment landscapes, positioning the company as an ideal partner to support Uber’s ongoing expansion.
Karl Hebert, Uber’s Vice President of Global Commerce, emphasized that riders expect a flawless and trustworthy experience, including when they pay for services. He noted that Uber depends on partners who offer both reliability and extensive coverage to sustain its growth. Hebert expressed confidence that Checkout.com’s enterprise-level expertise, worldwide presence, and digital-first strategy will help elevate the payment experience for millions of Uber customers around the globe.
Under the new agreement, Uber will utilize Checkout.com’s proprietary global acquiring network and advanced payment technologies aimed at making transactions quicker, more secure, and dependable. A key component is Intelligent Acceptance, Checkout.com’s AI-driven solution that uses live data from its network to optimize transaction routing, minimize failures, and boost overall payment performance.
Guillaume Pousaz, CEO of Checkout.com, described the partnership as a major achievement for the company and clear evidence of its growing influence in the enterprise payments sector. He stressed that supporting the vast number of daily transactions processed by Uber requires a resilient, globally scalable, and constantly evolving payments infrastructure. Pousaz affirmed Checkout.com’s dedication to providing the high-performance digital payment solutions necessary for Uber to continue innovating in the digital mobility space.
(Source: ITWire Australia)
