Global digital mobility platform, Uber, has selected Checkout.com to provide acquiring and gateway services for Uber’s ridesharing and on-demand delivery platforms across various markets worldwide.
Uber chose Checkout.com for its ability to combine global coverage with local expertise in various key markets. By bringing a digital-first approach and deep enterprise experience, Checkout.com will match Uber’s scale and support its expansion in the global digital economy.
More information about the strategic partnership
With approximately 180 million monthly active platform consumers globally, Uber is set to deliver exquisite customer experience, and this extends to how users choose to pay. By choosing Checkout.com as its acquirer, Uber will leverage the fintech’s global footprint, and digital-first approach to boost its infrastructure and help enhance the overall payments experience it provides to riders and eaters worldwide.
At the same time, Uber will use Checkout’s proprietary acquiring network and advanced payment technologies to make transactions faster, safer, and more reliable. This includes Checkout.com’s AI-driven Intelligent Acceptance solution that uses real-time data from its global network to intelligently route transactions, boost performance, and reduce failures.
Uber handles millions of transactions daily, and the strategic partnership with Checkout.com represents a milestone in the company’s commitment to delivering high-quality global payments to users in all active countries. To support the high number of daily transactions and stay ahead of its competition, the ridesharing company requires a resilient payments infrastructure and continuous technological advancements.
What you need to know about Uber and Checkout.com
Checkout.com is a global payment acquirer that processes payments for thousands of companies globally. Its digital network supports over 145 currencies and delivers high-performance payment solutions across the world. It helps large merchants boost their acceptance rates, reduce processing costs, fight fraud, and reroute payments for higher conversions. Headquartered in the UK, Checkout.com is a trusted company in the payments industry, partnering with brands like eBay, Dyson, Netflix, SHEIN, Sony, and more.
At the same time, Uber’s mission is to create opportunity through movement. Launched in 2010 as an alternative to accessing a ride simply, it was used for booking billions of trips worldwide and has extended its portfolio into providing a wide array of services, including delivery and micro loans.