How Checkout.com and Uber are Driving AI Global Payments

Checkout.com has announced a strategic partnership with Uber Technologies to provide acquiring and gateway services across the mobility giant's ridesharing and on-demand delivery platforms in multiple global markets.

The collaboration centres on Checkout.com's proprietary Intelligent Acceptance technology, which uses AI to analyse real-time data from its global network.

This AI-driven system intelligently routes transactions to reduce payment failures and enhance performance.

Payment routing technology has gained prominence across the industry, with Worldline recently deploying machine learning capabilities that examine historical transaction data to predict which acquirer will most likely approve specific payments, achieving this analysis in milliseconds during transaction processing.

Karl Hebert, VP of Global Commerce at Uber, emphasises the importance of reliable payment infrastructure.

“Riders trust Uber to deliver a magical experience that just works, and that extends to how they pay,” he says.

"We rely on partners with reach and reliability as we continue to grow. Checkout.com's enterprise expertise, global footprint, and digital-first approach give us confidence that their infrastructure can help us to continue to enhance the payments experience for riders and eaters worldwide."

How AI transforms cross-border processing

The technology addresses declined transactions that result in lost sales, with systems continuously learning from transaction outcomes and updating decision-making criteria based on factors including transaction value and merchant profiles.

AI-powered systems can now optimise payment routing, reduce errors and find the best exchange rates, making cross-border transactions more efficient and cost-effective.

Guillaume Pousaz, Checkout.com CEO, positions the partnership as validation of the company's enterprise strategy.

“This partnership with Uber is an important milestone for Checkout.com and another testament to the significant progress we are making in winning the global enterprise payments market,” Guillaume says. 

Checkout.com were also recently named in the Top 100 FinTech Companies. 

The list highlights organisations setting the benchmark for digital finance, regulatory excellence and technological advancement across the industry. 

The recent developments shaping the payment market

Earlier this month, Checkout.com entered a multi-year technology collaboration with Microsoft to migrate to Azure cloud infrastructure, aiming to deliver faster and more secure digital payment processing for enterprise merchants including eBay, ASOS, Vinted, Pinterest and Klarna whilst preparing for agentic commerce.

The collaboration aims to successfully support payment processing at scale using AI technology to assist in the process. 

Tyler Pichach, Global Head of Payments at Microsoft Financial Services says: “The payments industry is a constant source of AI-powered innovation and by collaborating and co-innovating with Microsoft, Checkout.com will be able to further enhance payment performance for merchants around the world.”

Cross-border payments across the world

The cross-border payments landscape is experiencing unprecedented growth driven by globalisation, e-commerce expansion and the rise of the digital economy, with projections suggesting the B2B cross-border payments market will surge by 43% to reach US$56.1tn by 2030.

Uber selected Checkout.com for its ability to combine global coverage with local market expertise.

The partnership leverages Checkout.com's proprietary acquiring network and advanced payment technologies designed to make transactions faster, safer and more reliable across Uber's ridesharing and delivery platforms.

The collaboration marks another significant enterprise win for the London-based payment processor as competition intensifies in the global digital payments sector.