Digital payment solutions provider Checkout.com has entered into a strategic partnership with Microsoft to improve payment performance for enterprise merchants.
Under the partnership, Checkout.com will use Microsoft Azure’s cloud infrastructure to improve the speed and security of digital payments for enterprise clients.
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The move will enable Checkout.com to deliver faster and more scalable digital payment solutions to its global customers.
The multi-year technology agreement highlights both companies’ capabilities to foster innovation and trust in the digital economy, said Microsoft.
The statement said that as Checkout.com’s AI engine learns in real time, each optimisation is immediately applied across all merchants using Intelligent Acceptance. This eventually improves acceptance rates, reduce costs, and unlock revenue.
Microsoft Financial Services global payments head Tyler Pichach said: “The payments industry is a constant source of AI-powered innovation, and by collaborating and co-innovating with Microsoft, Checkout.com will be able to further enhance payment performance for merchants around the world.
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By GlobalData“We are proud to be working with a successful, high-growth UK-born fintech to scale even faster, across the globe.”
Additionally, the partnership is positioned to prepare businesses for the anticipated growth in agentic commerce.
Checkout.com chief technology officer Mariano Albera said: “The Azure platform has leading machine learning capabilities – and Microsoft has long been a pioneer of embedding trust into every layer of cloud innovation so that organisations can build, run and scale critical workloads with absolute confidence.
“Our combined commitment to relentless innovation sets merchants up for success, enabling them to thrive. And beyond the here-and-now – enabling them to explore and embrace the agentic commerce models where AI agents search and shop on behalf of consumers.”
Earlier this year, Checkout.com partnered with du Pay to boost wallet top-up capabilities and streamline payment processes in the UAE through a unified API.
