Bolt and Checkout.com are partnering, with Bolt becoming “Checkout.com's exclusive one-click checkout provider and Checkout.com becoming Bolt's preferred payments partner.” The companies said in a statement.
Terms of the deal were not disclosed.
Checkout.com is “committed to improving conversion performance for our merchants, and our partnership with Bolt provides enterprise retailers with a best-in-class one-click checkout solution,” the companies said. We will also utilize the services of A large shopper network of over 80 million US shoppers and a growing merchant base. ”
Meanwhile, Bolt will integrate Checkout.com into its platform, thereby expanding payment options for new and existing retailers and brands. “By enhancing our payments offering with Checkout.com, Bolt solidifies its position as a merchant-first, payments-agnostic technology provider, offering unparalleled flexibility to its customers,” the companies said. .
For shoppers, this partnership will create a smoother and more flexible shopping experience.
Bolt CEO Maju Kuruvilla said that by integrating Bolt's checkout technology with Checkout.com's enterprise-grade payment solutions, Bolt will “take advantage of Bolt's rapidly growing shopper network. “By doing so, we are helping our merchants deliver a better shopper experience and higher conversions.” This partnership reflects our merchant-first and payments-agnostic approach, and we are excited to add Checkout.com as our preferred payments partner. ”
Jim Cho, head of North American commercial at Checkout.com, said the company is “constantly pushing towards innovation, and faster checkout is an important part of our overall payments offering.” states. We're working with Bolt to deliver a frictionless checkout experience built on best-in-class payments infrastructure, enabling merchants to deliver seamless transactions and improve customer satisfaction. ”
“This collaboration highlights our commitment to innovation and delivers exceptional value to all of our retail partners,” said Cho.
