Leading global payment solutions provider Checkout.com announced the launch of virtual and physical card issuing for its merchants. This latest move is set to enhance the company’s already robust payments platform and further strengthen its position in the highly competitive payments industry.
The virtual and physical card issuing feature will allow merchants to create and manage their own cards, which can be used for online and offline transactions. This will enable merchants to offer a more seamless checkout experience to their customers, and streamline their payments process.
The launch of this new feature comes as Checkout.com continues to experience rapid growth and expansion. The company recently announced a $450 million Series C funding round, which valued the company at $15 billion, making it one of the most valuable fintech startups in the world.
Guillaume Pousaz, CEO and Founder of Checkout.com, said in a statement, “We’re thrilled to be launching our virtual and physical card issuing feature, which is a major milestone for our company. Our goal is to provide our merchants with the most innovative and advanced payment solutions available, and this new feature is a testament to that commitment.”
The virtual and physical card issuing feature is just one of many new initiatives that Checkout.com has in the pipeline. The company is also planning to expand its presence in key markets, including the United States, Asia-Pacific, and the Middle East, and has recently opened new offices in Dubai, Singapore, and Hong Kong.
Checkout.com’s continued success can be attributed to its focus on providing its merchants with a seamless and secure payments experience. The company’s platform supports over 150 currencies and payment methods, and its advanced fraud detection technology ensures that merchants are protected against fraudulent transactions.
With the launch of virtual and physical card issuing, Checkout.com is poised to further cement its position as a leading player in the payments industry, and is well-positioned to capitalize on the ongoing shift towards digital payments.