Checkout.com Statistics 2025: Insights and Trends in Global Payment Solutions

Barry Elad
Written by
Barry Elad

Updated · Jan 05, 2025

Kathleen Kinder
Edited by
Kathleen Kinder

Editor

Checkout.com Statistics 2025: Insights and Trends in Global Payment Solutions

In the fast-paced world of digital payments, Checkout.com has emerged as a major player, revolutionizing how businesses process payments across the globe. With a focus on innovation, seamless integration, and customer security, Checkout.com has quickly gained ground on other payment platforms. As we step into 2025, businesses, particularly in e-commerce, continue to rely on its cutting-edge technologies to ensure smooth and secure transactions. This article will explore key statistics and significant developments highlighting Checkout.com’s impact and growth in the payment solutions industry.

Editor’s Choice: Key Milestones

  • $46 billion valuation achieved by Checkout.com in its latest funding round, placing it among the top fintech companies globally.
  • The company processed over $1 trillion in transactions across 2023, showcasing significant growth in payment volumes.
  • Checkout.com increased its merchant base by 60%, expanding across 500,000 active merchants worldwide.
  • Integration of 80+ payment methods into its platform, allowing merchants to cater to global customer preferences.
  • Checkout.com achieved 100% uptime during the peak holiday shopping season in 2023, maintaining reliability under pressure.
  • Investment in AI and machine learning initiatives rose by 30%, reflecting its commitment to innovation.
  • Its fraud detection tools prevented over $800 million in potential losses across multiple industries in 2023.

General Checkout.com Statistics

  • Checkout.com reported a 45% year-over-year increase in payment processing volume for 2023, underlining its expanding influence.
  • The platform currently operates in 150 countries, supporting transactions in 30+ currencies.
Global Reach and Currency Support
  • Checkout.com employs over 2,000 people globally, a 25% increase in headcount from the previous year.
  • 72% of businesses using Checkout.com report improved payment success rates after switching to the platform.
  • Checkout.com’s average transaction approval rate stands at an impressive 96.3%, one of the highest in the industry.
  • The platform saw mobile payments rise by 58% in 2023, reflecting the global shift toward mobile commerce.
  • Checkout.com supported 4 billion transactions in 2023, growing from 3 billion in 2022, representing a 33% growth rate.

Checkout.com Features

  • Real-time data insights: Checkout.com provides businesses with instant access to real-time data, helping them make faster and more informed decisions.
  • The platform offers customizable payment solutions that allow businesses to tailor the checkout process to their specific needs.
  • Multi-currency payment processing: Checkout.com supports 135+ currencies, giving businesses the flexibility to operate globally.
  • Checkout.com’s unified API allows businesses to integrate various payment methods easily, reducing the complexity of managing multiple providers.
  • The PCI DSS Level 1 compliance ensures that all transactions processed through Checkout.com meet the highest security standards.
  • 3D Secure 2.0 is offered as part of its fraud prevention toolkit, which reduces the risk of fraudulent transactions while improving customer experience.
  • The platform supports one-click payments, enabling a 25% reduction in cart abandonment rates for e-commerce businesses.

Merchant Adoption and Payment Volumes

  • In 2023, Checkout.com added 150,000 new merchants, a 40% increase compared to the previous year.
  • The platform processed over $100 billion in cross-border payments, reflecting the growing demand for international e-commerce solutions.
  • 40% of Checkout.com’s clients are now from emerging markets, highlighting its expansion into regions such as Latin America and Southeast Asia.
  • Retail and e-commerce sectors account for 60% of the total payment volume on the platform.
Retail and E-Commerce Drive Majority of Platform Payments
  • The average payment volume per merchant increased by 35%, reaching $20 million annually in 2023.
  • Checkout.com processed $200 million in cryptocurrency transactions, demonstrating its adaptability to emerging digital trends.
  • The platform experienced a 50% growth in the number of recurring billing transactions, particularly in the subscription economy.

Technological Innovations and AI Integration

  • Checkout.com’s AI-driven payment optimization tools have led to a 10% increase in transaction approval rates across all markets.
  • In 2023, the company invested $150 million into machine learning initiatives aimed at improving fraud detection and risk management.
  • Checkout.com’s AI-powered analytics allow merchants to identify customer behavior patterns and optimize their checkout flows accordingly.
  • The platform uses predictive analytics to help businesses forecast peak transaction periods, reducing the risk of downtime during high traffic.
  • Through the use of blockchain technology, Checkout.com enables faster and more transparent cross-border payments.
  • Real-time fraud detection algorithms prevented over $2 billion in fraudulent transactions for Checkout.com’s global merchants.
  • The company’s AI-assisted customer support reduced response times by 40%, enhancing the overall user experience for businesses.
MetricValue
Transaction approval rate increase10%
Investment in machine learning$150 million
Fraudulent transactions prevented$2 billion
AI-assisted customer support efficiency40% reduction in response time
Peak transaction forecastingPredictive analytics used

Fraud Prevention and Security Enhancements

  • Checkout.com’s multi-layered fraud protection system helped reduce fraud by 35% for its merchants in 2023.
  • The platform employs machine learning algorithms that adapt in real-time to detect suspicious activities, reducing false positives by 25%.
  • Over $800 million worth of potential fraudulent transactions were blocked using Checkout.com’s advanced security features.
Checkout.com Prevention in Fraudulent Transactions
  • Tokenization is a key feature that Checkout.com offers to mask sensitive payment data, ensuring 100% compliance with industry regulations.
  • The company implemented 3D Secure 2.0, which led to a 20% improvement in fraud detection for its merchants.
  • Checkout.com has enhanced end-to-end encryption, ensuring that transaction data remains secure throughout the payment process.
  • In 2023, the company launched its Fraud Detection Dashboard, giving merchants better control and visibility over suspicious activities.

Checkout.com Competitors & Alternatives

  • Stripe remains a major competitor, with both companies competing in the global payments space, though Checkout.com has a higher focus on cross-border payments.
  • Adyen is another key player, offering more expansive point-of-sale solutions, while Checkout.com excels in online payment integrations.
  • PayPal continues to dominate the B2C market, but Checkout.com’s focus on B2B and enterprise clients differentiates it from PayPal.
  • Checkout.com’s transaction approval rates are 3% higher than its closest competitor, Square, which serves mainly small and medium-sized businesses.
  • Worldpay and Checkout.com both lead in fraud prevention, but Checkout.com’s AI-driven fraud detection offers a more advanced solution.
  • While Braintree targets smaller companies, Checkout.com’s scalability has made it the go-to choice for high-volume enterprises.
  • Checkout.com stands out with its ability to handle multi-currency transactions seamlessly, an area where many competitors lag.

Regional Leadership and Market Penetration

  • Checkout.com expanded its presence in Southeast Asia, with transaction volumes increasing by 40% in the region during 2023.
  • The company is a leading payment provider in Europe, processing 35% of the region’s cross-border transactions.
  • Latin America saw the fastest growth for Checkout.com in 2023, with merchant adoption growing by 50%.
  • Checkout.com now processes 15% of e-commerce payments in North America, up from 10% the previous year.
  • The company’s presence in the Middle East and North Africa (MENA) region strengthened, with $10 billion in payments processed in 2023.
  • Checkout.com Africa continues to grow, with a 60% increase in merchants in South Africa alone.
  • In 2023, the company achieved 100% market penetration in the United Arab Emirates, becoming the top choice for large-scale merchants.
RegionGrowth/Market Penetration
Southeast Asia40% increase in transaction volumes
Europe35% of cross-border transactions
Latin America50% growth in merchant adoption
North America15% of e-commerce payments (up from 10%)
Middle East and North Africa$10 billion in payments processed
South Africa60% increase in merchants
UAE100% market penetration

Recent Developments

  • Checkout.com partnered with Meta to support payment processing for Facebook Pay across new regions, further expanding its footprint in the social commerce space.
Checkout.com's Growth_ Partnerships and Funding
  • The company raised an additional $1 billion in its latest funding round, bringing its total funding to over $2 billion by 2024.
  • In 2023, Checkout.com launched Checkout Links, allowing businesses to create shareable payment links to streamline payments for services and products.
  • Crypto payments saw a 50% rise on Checkout.com, as the platform added support for stablecoins like USDC in 2023.
  • Checkout.com entered a strategic partnership with Amazon to manage global payment processing across multiple regions, further solidifying its leadership in e-commerce.
  • The platform rolled out BNPL (Buy Now, Pay Later) services, integrated into its payment options, reflecting the growing consumer demand for flexible payments.
  • Checkout.com’s Instant Payouts feature grew in popularity, with 15% of merchants adopting it to speed up payment processing for gig workers and freelancers.

Conclusion

Checkout.com continues to lead the charge in reshaping digital payments globally. With its focus on innovation, regional expansion, and robust fraud prevention tools, the platform is well-positioned to continue its growth in 2024 and beyond. As more businesses turn to seamless, secure, and scalable payment solutions, Checkout.com remains a top choice for enterprises looking to stay competitive in the fast-evolving payments landscape.

Barry Elad
Barry Elad

Barry Elad is a dedicated tech and finance enthusiast, passionate about making technology and fintech concepts accessible to everyone. He specializes in collecting key statistics and breaking down complex information, focusing on the benefits that software and financial tools bring to everyday life. Figuring out how software works and sharing its value with users is his favorite pastime. When he's not analyzing apps or programs, Barry enjoys creating healthy recipes, practicing yoga, meditating, and spending time in nature with his child. His mission is to simplify finance and tech insights to help people make informed decisions.

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