Bolt and Checkout.com Announce Strategic Partnership for Enhanced E-commerce Experience
Bolt and Checkout.com have teamed up where Bolt “will become Checkout.com’s exclusive one-click checkout provider and Checkout.com will become Bolt’s preferred payment partner,” the companies said in a statement.
Terms of the deal were not disclosed.
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Checkout.com will be focusing “on boosting its merchant’s conversion performance, and its partnership with Bolt provides enterprise retailers with a best-in-class one-click checkout solution,” the companies said, adding that Checkout.com “will also leverage Bolt’s massive shopper network of 80 million-plus U.S. shoppers and a growing merchant base.”
For its part, Bolt will integrate Checkout.com into its platform, thereby expanding payment options for new and existing retailers and brands. “By deepening its payment offerings with Checkout.com, Bolt is solidifying its standing as a merchant-first and payment-agnostic technology provider, giving its customers unrivaled flexibility,” the companies said.
For shoppers, the partnership makes for a smoother, more flexible shopping experience.
Maju Kuruvilla, chief executive officer of Bolt, said by integrating the company’s checkout technology with Checkout.com’s enterprise-grade payment solutions, “we are helping merchants deliver a better shopper experience and higher conversion by leveraging Bolt’s fast-growing shopper network. This partnership reflects our merchant-first and payment-agnostic approach, and we’re thrilled to add Checkout.com as a preferred payments partner.”
Jim Cho, head of commercial for North America at Checkout.com, said the company “always drives towards innovation and accelerated checkout is an important part of our holistic payments offering. Together with Bolt, we are unlocking friction-free checkout experiences that build upon our best-in-class payments infrastructure, empowering merchants to deliver seamless transactions and drive higher customer satisfaction.”
“This collaboration underscores our commitment to innovation, delivering exceptional value to all our retail partners,” Cho said.
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