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.