Checkout.com Unveils Suite of New Products at Annual Thrive Event, Reports 40% Revenue Growth
Checkout.com has unveiled a suite of new products at its annual Thrive enterprise event while reporting 40% annual net revenue growth, signalling strong...
Checkout.com has unveiled a suite of new products at its annual Thrive enterprise event while reporting 40% annual net revenue growth, signalling strong momentum for the London-based payment processor.
The headline product launch was Remember Me, a one-click checkout feature that enables shoppers to save their card details once and reuse them across all merchants processing through Checkout.com globally. The feature addresses the persistent problem of checkout abandonment by eliminating the need for repeat card entry, a friction point that costs the e-commerce industry billions in lost revenue annually.
Checkout.com also announced its expansion into Japan with direct acquiring capabilities, marking its entry into one of Asia's largest e-commerce markets. The company said further market entries are planned as it builds out its global processing network.
The 40% revenue growth figure underscores Checkout.com's competitive position in the enterprise payments market, where it competes with Adyen, Stripe, and traditional payment processors for large merchant accounts. The company has focused on serving high-volume enterprise merchants across e-commerce, travel, digital entertainment, and financial services sectors.
Additional product announcements at Thrive included enhanced fraud prevention tools, improved payment authorisation optimisation, and expanded support for alternative payment methods across global markets. The breadth of launches reflects Checkout.com's strategy of building a comprehensive payment platform that addresses the full range of merchant needs beyond basic transaction processing.
Checkout.com processes billions of dollars in transactions annually and has been growing its market share among enterprise merchants.