Checkout.com, a digital payments platform provider, announced it has been selected as Microsoft's digital payments partner to support payments for its main products in the Europe, Middle East, and Africa region. Through this partnership, the company will provide card payment acquiring for Microsoft's wide range of businesses, including Xbox, Microsoft 365, and Microsoft Azure.
As one of the world's leading technology companies, Microsoft required a high-performance payment infrastructure. Through this partnership, Microsoft will leverage Checkout.com's digital payment platform, which possesses the performance, scalability, and resilience required for global enterprise-scale operations.
By integrating directly with Microsoft's Payments API, Checkout.com will consolidate payments into a single, flexible system, providing a consistent and reliable payment experience for millions of customers worldwide.
Microsoft will use Checkout.com's acquiring services for payment processing in the EMEA region, along with its AI optimization engine, 'Intelligent Acceptance.' This solution leverages real-time data from the global network to route transactions optimally, reducing payment failures and enhancing performance. It has contributed to generating over $20 billion in merchant revenue to date.
Guillaume Pousaz, CEO and Founder of Checkout.com, commented, "We are incredibly proud to be a part of the commercial foundation supporting a company with such a rich history and forward-looking momentum."
Pankaj Gudimella, General Manager of Microsoft Treasury, stated, "Checkout.com's technology provides the performance and reliability needed to continue evolving the commerce experience across Microsoft's products and services."
Headquartered in London, Checkout.com provides payment services to top global companies like Sony, Netflix, and Uber. It supports over 145 currencies and has 19 offices worldwide.
FACT BOX
- Source: PR TIMES
- Category: Partnership
- Organizations: Microsoft / Sony / Netflix
- Products / services: Intelligent Acceptance