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Samsung Electronics and Checkout.com partner on global digital payments
Samsung Electronics and Checkout.com have entered into a global partnership to enhance Samsung’s digital commerce ecosystem through high-performance payment capabilities. The collaboration aims to improve payment reliability and performance across Samsung’s global infrastructure using AI-driven insights.
As part of the agreement, Samsung will utilize Checkout.com’s ‘Intelligent Acceptance’ product, an AI-powered engine designed to optimize transactions and reduce failure rates using real-time data. Additionally, Samsung Pay will be integrated into Checkout.com’s ‘Flow’ product starting October 31. This integration will allow Checkout.com merchants to offer Samsung Pay as a digital wallet option during online and in-app checkouts, potentially reaching over one billion Galaxy smartphone users.
The partnership expands Checkout.com’s existing relationship with Samsung, which previously supported Samsung Gulf Electronics in the Middle East and North Africa. The new agreement will cover broader markets, including the Galaxy Store and Samsung.com in North America and the European Union.
Entities
Checkout.com · Galaxy Store · Samsung Electronics · Samsung Pay · Woncheol Chai