Fintech & Ecommerce

Uber Taps Checkout.com to Supercharge Global Payments With AI-Driven Intelligence

Checkout.com has been selected as Uber payments partner to power its enterprise platform with fast, reliable global payments, driven by AI intelligence.

Uber Taps Checkout.com to Supercharge Global Payments With AI-Driven Intelligence

Uber has chosen Checkout.com as a key payments partner to strengthen and scale its global payment operations. The partnership will see Checkout.com provide advanced acquiring and gateway services across Uber’s enterprise platform, supporting the company’s rideshare and on-demand services in multiple international markets.

At the core of this collaboration is Checkout.com’s AI-powered payment optimization technology. The platform’s Intelligent Acceptance engine leverages machine learning and real-time data analysis to automatically route transactions through the most efficient pathways, improving authorization rates, reducing payment failures, and ensuring a faster, more seamless experience for customers worldwide.

By integrating Checkout.com’s AI-driven infrastructure, Uber aims to enhance reliability, speed, and cost efficiency across its payment ecosystem. Uber operates in dozens of countries, processing millions of microtransactions daily, starting from instant ride fares and food delivery payments to driver payouts, tips, and refunds. Transactions may involve multiple intermediaries (banks, card networks, local processors), so that the payment system must navigate across different currencies, regulations, and fraud rules. This is where AI-driven optimization becomes essential.

Besides, Uber’s payment ecosystem supports various payment methods, like global card networks, wallet-based methods, and popular local in-app or A2A payment options.

Nina Bobro

1549 Posts 0 Comments

https://payspacemagazine.com/

Nina is passionate about financial technologies and environmental issues, reporting on the industry news and the most exciting projects that build their offerings around the intersection of fintech and sustainability.