Checkout.com has entered a multi-year technology collaboration with Microsoft to enhance its payment infrastructure using Microsoft Azure’s cloud platform.
Under the agreement, Checkout.com will migrate its core systems to Azure to improve the speed, security, and scalability of digital payments for its enterprise clients, which include eBay, ASOS, Vinted, Pinterest, and Klarna.
The partnership supports both companies’ efforts to advance innovation and trust in the digital economy.
Checkout.com’s AI-powered Intelligent Acceptance technology, which optimises payments in real time, will continue to help merchants improve acceptance rates, reduce costs, and increase revenue.
Mariano Albera, Chief Technology Officer at Checkout.com, said:
“The Azure platform has leading machine learning capabilities, and Microsoft has long been a pioneer of embedding trust into every layer of cloud innovation so that organisations can build, run and scale critical workloads with absolute confidence.”
Tyler Pichach, Global Head of Payments at Microsoft Financial Services, added:
“The payments industry is a constant source of AI-powered innovation, and by collaborating and co-innovating with Microsoft, Checkout.com will be able to further enhance payment performance for merchants around the world.”
Featured image credit: Edited by Fintech News Switzerland, based on image by freepik
