Switch on the right payment methods with Checkout.com

The payments landscape is rapidly evolving with new payment methods emerging in all corners of the world. It's an exciting period of innovation. And, if you are looking to craft captivating experiences for your customers, it can be challenging to keep up. 

Our research shows that 60% of eCommerce shoppers will abandon their cart if they cannot pay using their preferred payment method. Losing a customer at the checkout because you have not offered a customer’s preferred payment method means sunk acquisition costs — and therefore lost revenue. 

At Checkout.com, we partner with you to seamlessly switch on the right alternative payment methods to reach new markets.

Here's how we do it:

Step One: We help you understand the trends in your key markets

We have people on the ground in key markets across the world — from Dubai and Riyadh to Hong Kong and Singapore, San Francisco and New York to Barcelona and Paris — and we’re rapidly expanding into more. Analyzing consumer preferences and behaviors first-hand is one benefit of our global yet local approach. 

Understanding variations in banking and payment regulations is another. What’s more, we act as the legal trading entity for you in countries that mandate it, saving months of form filling and set-up costs. 

Step Two: We analyze your customer data and help you identify what payment methods you need to offer.

Build smarter strategies by evaluating and adapting your APM portfolio with insight into conversion, cost and risk. 

Payments should be a continual process of optimization. Knowing the right APMs for each market is not the only way to gain a competitive edge. Delving into your transaction data will unearth all manner of insights — from which APMs deliver the best checkout conversion to which have the lowest fraud levels.

We believe in continuously making solid recommendations to help you expand your business and revenue. Data is central to this. Our experts analyze, interpret and draw conclusions from the data to inform APM strategies and action-ready insights.

A world-leading franchiser, Alshaya supports over 90 international brands — including Starbucks, H&M, The Body Shop and Victoria’s Secret. Thanks to our granular payments data, along with expert guidance and single API, Alshaya was able to seamlessly add the most suitable payment methods across Saudi Arabia, Kuwait, Qatar and Egypt, and increase their approval rates by 15%.

Step Three: We seamlessly switch on payment methods for you through our single API.

The leading Pay-TV provider in the Middle East, OSN, did just that. With Checkout.com, it's enabled Apple Pay across the region, Fawry in Egypt, KNET in Kuwait, and Mada in Saudi Arabia through a single integration. Offering these payment methods has helped OSN to expand its customer base and provide a better experience. It has also allowed OSN to stop accepting cash payments entirely — and remove the risks associated with that. 

Step Four: We offer continued support so you can keep your payment method offering up to date.

We want you to be able to seamlessly introduce new payment methods to your customers so that they keep coming back to your business. We will work with you to make sure your new payment method gains traction in the market. And, if your customers need help paying with the new payment method, we’ll step in.

At Checkout.com, every customer has a dedicated Customer Success Manager as well as access to our experts for ongoing consultancy.

We will partner with you and listen to your needs — building strategies to help achieve your ambitions. 

We want to work with you to build the best APM strategy so you can be confident that you can keep up with any changes in your business or to the market. We will become a partner for the long-term who ‘gets’ the business and makes regular, workable suggestions to improve it.

At Checkout.com, every customer has a dedicated Customer Success Manager as well as access to our experts for ongoing consultancy.

We will partner with you and listen to your needs — building strategies to help achieve your ambitions. 

We want to work with you to build the best APM strategy so you can be confident that you can keep up with any changes in your business or to the market. We will become a partner for the long-term who ‘gets’ the business and makes regular, workable suggestions to improve it.