
Samsung Electronics and Checkout.com Partner to Expand Samsung Pay
Samsung Electronics has teamed up with Checkout.com to enhance digital payment capabilities and broaden the reach of Samsung Pay.
Samsung Electronics has teamed up with Checkout.com to enhance digital payment capabilities and broaden the reach of Samsung Pay.
Samsung Electronics has announced a strategic partnership with Checkout.com, a leading global digital payments provider, aimed at enhancing its digital payment infrastructure and expanding the reach of Samsung Pay.
This collaboration builds on existing relationships and is designed to support Samsung's digital commerce ecosystem with high-performance payment solutions. The partnership will allow Samsung Pay to be integrated into more merchant platforms, facilitating smoother transactions for users.
Checkout.com currently processes payments for Samsung Gulf Electronics and will extend its services to additional Samsung markets, including regions in the EU and North America. This expansion is expected to significantly improve payment performance and reliability across Samsung's global payment systems.
The partnership leverages Checkout.com’s Intelligent Acceptance technology, which optimizes payment transactions using real-time data, aiming to reduce payment failures and enhance user experience. As part of this initiative, Samsung Pay will also be available on Checkout.com’s Flow platform, providing merchants with an easy way to offer Samsung Pay as a payment option.
Woncheol Chai, Executive Vice President at Samsung Electronics, emphasized the importance of having a flexible and reliable payment infrastructure to support their global ambitions. Antoine Nougué, Chief Revenue Officer at Checkout.com, expressed pride in supporting Samsung's innovative digital commerce ecosystem through this collaboration.
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