In a significant industry nod, Checkout.com has been highlighted for its excellence in digital payments, according to the latest Forrester Wave™ report, marking it as a key player in the global digital commerce evolution.
In a groundbreaking acknowledgment of its prowess in the field of digital payments, Checkout.com has recently been lauded for its exceptional performance. The prestigious Forrester Wave™: Merchant Payment Providers, Q1 2024 report spotlighted Checkout.com, bestowing upon it the highest accolades for its capabilities in payment performance optimization and authentication. This recognition not only underscores Checkout.com’s role as a front-runner in the evolving digital payments landscape but also highlights its indispensable service to merchants aiming for digital-first strategies across a diverse geographical stretch including the UK, Europe, South West Asia, and North Africa.
Founded on the principle of revolutionizing the way businesses handle online transactions, Checkout.com has emerged as a paragon of innovation and efficiency in the digital payments sector. Its ingenuity is further exemplified through its latest pioneering solution, Intelligent Acceptance. This AI-powered optimization engine underscores Checkout.com’s commitment to enhancing transaction success rates, having already saved merchants over $2.5 billion in processing volume over the year by significantly lifting acceptance rates.
The Forrester report vividly captures Checkout.com’s essence as a fitting partner for merchants with a digital-first approach. Boasting a robust suite of products including Fraud Detection Pro, Issuing, and Identity Verification, Checkout.com extends beyond mere payment processing to offer a comprehensive ecosystem supporting diverse merchant needs. This multifaceted approach to digital payments not only positions Checkout.com as a leader but also as a catalyst for growth and expansion in the digital commerce space.
The Forrester Wave™ report specifically applauds Checkout.com for its rapid adaptability and developer-friendly services, drawing attention to its excellence in reconciliation, settlement reporting, and speed. This acclamation is further supported by testimonials from key partnerships, such as Melissa Pottenger from Reach, who lauds the near 10% increase in authorization rates since implementing Intelligent Acceptance, marking a substantial impact on business performance and client profitability.
Recognizing Checkout.com’s significant market differentiation in South West Asia and North Africa, the report exemplifies its commitment to enhancing usability and support in those regions. Moreover, the company’s strategic moves to expand its footprint in North America denote its ambition to scale its high-performing solutions globally, addressing the nuanced needs of a diverse clientele.
At a time when e-commerce is projected to burgeon to over $8 trillion by 2027, Checkout.com’s distinction in the Forrester Wave™ report signals its critical role in the digital commerce revolution. The company’s trajectory from a high-performance, cloud-based payments platform to a cornerstone of digital commerce elucidates its mission to morph payments from a mere transactional necessity into a substantial revenue avenue for businesses worldwide.
Headquartered in London, with a global presence spanning New York, Paris, Dubai, Hong Kong, and other major locales, Checkout.com continues to empower leading brands such as Sony, SHEIN, Wise, Patreon, and GE HealthCare. This endorsement by Forrester evidences Checkout.com’s unremitting drive towards excellence and innovation, setting a stellar benchmark for the digital payments industry and reinforcing its mantra—Where the world checks out.