Learn how Checkout.com's payment gateway, card acquiring, and issuing platform works, its interchange++ pricing model, fees, and who it's built for.
Checkout.com was founded in 2009 as Opus Payments by Guillaume Pousaz and rebranded to Checkout.com in 2012. Headquartered in London, the company grew into a global payments infrastructure provider with direct membership status across major card networks including Visa, Mastercard, American Express, UnionPay, and JCB, letting it operate as both a payment gateway and acquirer in many regions.
The company has raised approximately $3.8 billion, peaked at a $40 billion valuation in 2022, and reported reaching profitability in 2024, with a later valuation of roughly $12 billion reflecting broader fintech market corrections. It employs around 2,000 people across roughly 19 offices worldwide.
Checkout.com's core product, Flow, provides a customizable prebuilt payment interface, while Issuing lets businesses create physical and virtual cards. IDV offers AI-powered video identity verification, and Fraud Detection Pro applies machine learning to catch fraudulent transactions.
Intelligent Acceptance uses AI to optimize payment authorization rates, Business Account provides multi-currency fund management, and Payouts enables global disbursements — together forming a single API-driven platform for accepting, managing, and moving money.
Checkout.com uses an interchange++ pricing model that separates interchange, network scheme fees, and its own markup for transparency. Published flat rates are 0.95% plus $0.20 per transaction for European cards and 2.90% plus $0.20 for non-European cards.
Enterprise merchants with sufficient volume can negotiate custom interchange-plus pricing, sometimes as low as interchange plus 0.10%-0.40% and $0.08 per transaction, but exact enterprise rates require contacting the Checkout.com sales team.
Checkout.com is a global payment processing company offering a payment gateway, card acquiring, card issuing, identity verification, and fraud prevention through a single API.
Published flat rates are 0.95% plus $0.20 for European cards and 2.90% plus $0.20 for non-European cards; larger merchants can negotiate custom interchange++ rates.
Checkout.com is headquartered in London, United Kingdom.
No, Checkout.com is a payment services provider and acquirer, not a licensed bank, though it holds direct membership with major card networks.
Interchange++ separates a transaction's cost into the underlying interchange fee, the card network's scheme fee, and the processor's own markup, giving merchants visibility into each component.