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Checkout.com partners with Bolt

Wednesday 20 March 2024 09:33 CET | News

Global payment solutions provider Checkout.com has entered a collaboration with Bolt, a checkout technology company, to accelerate the advancement of ecommerce. 

As per the information detailed in the press release, the partnership between Checkout.com and Bolt aims to support both companies’ commitment to advancing ecommerce. By joining forces, Bolt becomes the exclusive checkout provider for Checkout.com, while the latter acts as the preferred payment partner for the former.

Global payment solutions provider Checkout.com has entered a collaboration with Bolt, a checkout technology company, to accelerate the advancement of ecommerce.

Checkout.com – Bolt collaboration objectives

As Checkout.com focuses on increasing its merchant’s conversion performance, the partnership with Bolt is set to offer its enterprise retailers an improved one-click checkout solution. Additionally, the company is set to leverage Bolt’s shopper network of more than 80 million US users and an expanding merchant base. The collaboration also sees Bolt integrating Checkout.com to increase payment options for new and existing merchants. By enhancing its payment offerings with Checkout.com, the company intends to solidify its presence as a merchant-first and payment-agnostic technology provider, delivering its customers expanded flexibility.

Furthermore, representatives from Bolt underlined that the integration of its checkout technology with Checkout.com’s payment solutions is set to support merchants in offering an improved shopper experience and higher conversion by utilising the company’s shopper network. Also, the alliance reflects Bolt’s merchant-first and payment-agnostic approach, with the company underscoring its enthusiasm over adding Checkout.com as a preferred payment partner.

According to Checkout.com’s officials, the company intends to provide improved solutions and accelerated checkout as part of its payment offering. By joining forces with Bolt, the company aims to minimise friction in checkout experiences, developing its payments infrastructure and allowing merchants to deliver simplified transactions and drive higher consumer satisfaction. The collaboration supports the company’s commitment to delivering enhanced value to all of its retail partners.

Checkout.com’s previous developments

With its cloud-based payment platform, Checkout.com focuses on converting payments into a revenue source for enterprises and scaling businesses. The company’s technology is developed for sustaining flexibility, scalability, and efficiency, allowing simplified processing of payments, payouts, and card program management. With its operations headquartered in the UK, Checkout.com has offices located in the US, France, the UAE, China, and other locations across six continents. The company’s customers include brands such as Sony, SHEIN, Wise, Patreon, and GE HealthCare.

In addition to its collaboration with Bolt, Checkout.com recently entered a partnership with Visa and Stake to introduce a cross-border account funding solution to facilitate real estate investments in the UAE. The alliance between the three companies utilised the Visa Direct cross-border Account Funding Solution, allowing consumers to upload funds to their Stake accounts to invest in prime rental properties in the UAE.

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Keywords: partnership, ecommerce, checkout optimisation , payment processing, online payments
Categories: Payments & Commerce
Companies: Bolt, Checkout.com
Countries: World
This article is part of category

Payments & Commerce

Bolt

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Checkout.com

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