seQura, a flexible payment platform in Spain, and Checkout.com, the global payments processing platform, today announce they enter into a strategic partnership in order “to help merchants increase conversion rates through flexible payment solutions.”
seQura will be an integrated payment method “available to all Checkout.com merchants allowing them to improve conversion rates and manage all payments in one unified dashboard.”
Checkout.com merchants stand to gain “a significant advantage from this partnership, as they will now have access to implement, and offer its customers, a wide range of flexible payment solutions (pay later, pay in 3, installments 3-24 months), and credit up to 4,000€. All powered by an advanced risk algorithm designed and optimised to ensure the highest acceptance rates for merchants.”
Javier Moreno Molinero, Head of Revenue Growth, Southern Europe at Checkout.com, said:
“We’re pleased to be the partner of choice for seQura, one of the region’s fastest-growing payment methods. Our global processing platform will help to underpin seQura’s international expansion, whilst also making their popular payment installment service available to our merchants.”
Choosing Checkout.com as a payment partner has “a significant impact on the payment performance. From the start, Checkout.com has been dedicated to helping optimize payment experiences, resulting in a more streamlined process, better experience for our shoppers and uplifting our acceptance rates. In the end, these optimizations will lead to higher revenues for seQura and its merchants.”
Mike Komor, VP Payments & Partnerships at seQura, said:
“We are impressed with Checkout.com’s innovative payment platform and their aligned vision with seQura on maximizing merchant performance and conversion.”
This partnership agreement settles the basis “for both companies to work closely together to further develop the best payment experience.”
In another update, it was revealed that Checkout.com, the global payments solution provider, today announces the appointment of a new Chief Technology Officer, Mariano Albera.
Mariano has been with the business “for over three years and has already had a significant impact on delivering unrivalled performance for merchants. A seasoned technology leader, Mariano has experience in leading technology teams and strategy for large global businesses. Prior to joining Checkout.com, Mariano served as the CTO of Expedia’s Partner Solutions, the CTO of Ovo Energy, and the CTO of Thomas Cook’s eCommerce and distribution systems. In his new role based in London, Mariano will accelerate the evolution of Checkout.com’s platform and focus on offering merchants high-performance payments.”
The appointment comes after the business “reported an excellent growth of over 40% YoY, across its core sectors of Commerce and Fintech.”