Atlanta, GA - January 12th, 2026 - Checkout.com, a leading global digital payments provider, today announced it has received approval for its Merchant Acquirer Limited Purpose Bank (MALPB) charter from the Georgia Department of Banking and Finance. This critical regulatory milestone puts Checkout.com in the position to move forward to operate a MALPB in the US, marking the transition to operational execution.
Securing the charter allows Checkout.com to accelerate plans to operate as its own acquirer in the US market. It is the natural next step in Checkout.com’s long-term journey, with direct US card network integration enabling greater control. This will unlock faster innovation, superior acceptance rates and deliver the performance US merchants demand.
Checkout.com is among the first global payment providers to complete this process, reinforcing its commitment and dedication to the US region. This move underscores a significant expansion of North American operations, anchored by a new strategic hub in Atlanta, Georgia - the payments capital of the US - alongside established offices in New York and San Francisco.
Having processed more than $300 billion in ecommerce volumes in 2025, Checkout.com is already trusted by leading global enterprises, including Uber, eBay, Pinterest, Klarna, and GE Healthcare. The charter ensures the broader US enterprise market can leverage a payment platform specifically optimised for the complexities of the domestic landscape.
"With our MALPB charter now approved, the ‘definitive catalyst’ we identified in October is officially activated. This milestone paves the way for a new era of payment performance”, commented Jordan Reynolds, MALPB CEO and Head of North American Banking at Checkout.com. “Our focus is now on scaling our infrastructure and building up talent in Atlanta and the US to meet the rigorous conditions of our approval. We are on track toward full charter banking operations in 2026, doubling down on our commitment to provide US enterprise merchants with the performance and reliability they demand.”