Digital payments firm Checkout.com has recently introduced several updates to its product lineup, aimed at assisting merchants in navigating the contemporary digital marketplace.
Flow Remember Me
At a recent merchant summit, Checkout.com unveiled Flow Remember Me, which expands upon Flow by allowing customers to save their card details just once and access them for multiple uses across the company’s global network of merchants. This feature is designed to reduce the hassle of re-entering payment information, thereby streamlining transactions and boosting conversion rates.
Following a successful beta test in the Middle East, Flow Remember Me has been rolled out globally in 194 countries. According to Checkout.com, initial users observed significant improvements, including a 22% decrease in authentication issues, a 30% reduction in timeouts, and a 70% cut in checkout time. Additionally, combining Flow with Remember Me reportedly results in up to a 7% increase in transaction acceptance rates.
Flow simplifies payment processing by providing customizable components through a single integration with Checkout.com’s global network, allowing merchants to deploy over 35 payment methods without requiring engineering work. The introduction of Flow Remember Me follows the launch of Flow for Mobile, which caters specifically to businesses that prioritize mobile transactions.
Checkout.com’s Focus on AI
Beyond the rollout of Flow Remember Me, Checkout.com has launched a series of initiatives centered around artificial intelligence (AI). The company is now offering agentic commerce services that help merchants prepare for future scenarios where AI agents might take over the role of shoppers. These offerings address concerns related to utility, trust, identity, fraud, and liability.
To support these initiatives, Checkout.com has partnered with major players like Visa, Mastercard, and Google. The company is also introducing an AI-enabled dashboard and analytics suite that tracks the entire payment lifecycle, providing merchants with actionable insights through large language model intelligence integrated directly into the interface.
Additionally, Checkout.com has made strides in expanding its acquiring footprint. After receiving approval for a Merchant Acquirer Limited Purpose Bank (MALPB) charter from the Georgia Department of Banking and Finance, the company plans to become an acquirer itself, granting direct access to US card networks.
In other moves, Checkout.com is enhancing its issuing capabilities. Currently operating as a dual-network issuer in the UK and Europe, the firm aims to extend these services to the UAE and the US by 2026, partnering with Visa and Mastercard for this expansion.
To improve payment security without compromising user experience, Checkout.com has developed Re-directionless 3D Secure (3DS). This solution is embedded directly into Intelligent Acceptance, ensuring secure transactions while maintaining an embeddable checkout flow.
