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Checkout.com plans to become the first global digital payment service provider to launch card issuing in the UAE by 2026, pending regulatory approval. CEO Guillaume Pousaz announced this initiative during the Thrive conference in Abu Dhabi, emphasizing the potential benefits for businesses in the region, including the ability to issue branded cards and enhance customer rewards. Headout is among the first merchants interested in this service.
Checkout.com has applied for a banking charter in Georgia to enhance its U.S. operations and access payment networks directly, allowing it to better compete and innovate without relying on banks. If approved, it will join Fiserv and Stripe as the third payments company with a Georgia special purpose banking charter, aimed at streamlining transaction processes for digital merchants. The company expects to have its chartered services operational by 2026.
Checkout.com has secured a significant payments partnership with eBay, allowing the online marketplace to enhance its payment processing capabilities. This collaboration aims to streamline transactions for eBay's global sellers and buyers, leveraging Checkout.com's technology to improve the overall shopping experience.