Checkout.com is chosen by Zilch as its primary acquisition partner, with plans to expand further.

Checkout.com, a provider of digital payments solutions, has been chosen by Zilch, the ad-supported payments network (ASPN), to be its major acquiring partner globally, with an emphasis on the UK and USA.

Maurine Lind

April 03, 2024

2Min Reads

137

Banking

Checkout.com will assist Zilch in continuing to provide the quick, dependable, high-performance payments that its growing client base has become accustomed to from its regulated payment network. Checkout.com's payments network supports more than 145 currencies and has domestic acquisition coverage in more than 45 markets.

"We are delighted to be working with Zilch, a category-leading fintech, to ensure that payments acquiring and processing is a business enabler and not a business distraction for Zilch as it successfully continues on its incredible growth journey," said Guillaume Pousaz, founder and CEO of Checkout.com. Joining forces in this dynamic sector, where our technology powers many of the top businesses in the world, is an exciting occasion.

In light of how quickly Zilch's operations and technology strategy are developing to best support the company's rapid expansion, this hiring marks a significant turning point. For its more than 3.6 million registered customers, Zilch introduced "Pay over 3 months" in addition to "Pay over 6 weeks" in February, broadening its consumer debit and credit offering. Consumers already make more than 10 million payments through Zilch each month, and they use their card an average of 100 times annually.

"Checkout.com's innovation and robust track record in partnering with some of the biggest companies in the world made the decision to expand our partnership an easy one," added Philip Belamant, co-founder and CEO of Zilch. After more than two years of collaboration, I have no doubt that this shift will revolutionize our payments infrastructure and tech stack.

Furthermore, Zilch is thrilled to collaborate with Checkout.com, a top fintech in the UK. It is evidence of the resilience of the incredible fintech ecosystem in the UK and adds to my pride as a founding co-chair of the recently established Unicorn Council for UK fintech.