Checkout.com, a leading global digital payments company, today announced that its Intelligent Acceptance product, an AI-powered engine designed to help enterprise businesses boost their payment performance, has generated over $10 billion in additional merchant revenue.

Powered by over 20 billion data points and insights from Checkout.com’s global network, Intelligent Acceptance applies numerous optimizations at every step of the payment process (e.g., messaging, routing, authentication, credential lifecycle, and retries). 

With Checkout.com’s AI-powered engine learning in real-time, every successful payment optimization is instantly available to all merchants using Intelligent Acceptance, meaning everyone benefits from the power of the network to improve acceptance rates, lower costs, and unlock revenue.

The product generated $5 billion in additional merchant revenue just 15 months after launching in June 2023. Six months after achieving that milestone, Intelligent Acceptance has now surpassed $10 billion in merchant revenue, generating $1 billion every 35 days for global brands such as Vinted, Papa Johns, and Delivery Hero.

With over 60 million real-time optimizations performed across the payment flow each day, Checkout.com increased merchant acceptance rates by an average of 3.8% last year.

“Doubling the amount of revenue generated for merchants at seven times the speed of last year shows the growing power of our network,” comments Daniel Linder, Senior Product Director at Checkout.com. “With algorithms trained on billions of data points from Checkout.com’s entire merchant portfolio, every transaction processed by our customers strengthens the network.”

With the majority of company resources invested in product and technology to deliver the highest acceptance rates for merchants, Checkout.com was recognized as a Strong Performer in The Forrester Wave™: Merchant Payment Providers Q1 2024 report, receiving a 5 out of 5 score in the payment performance optimization criterion.

"Building a global payments infrastructure is increasingly complex, especially with rising regulatory demands and evolving fraud tactics," adds Linder. “For merchants, this complexity can widen the acceptance rate gap—sometimes by 10–15% compared to in-person transactions—costing businesses billions in lost revenue. Our focus is on closing that gap, optimizing every transaction to ensure no revenue is left on the table."

“Delivering exceptional digital experiences is core to our mission of making second-hand first choice, and our partnership with Checkout.com has been instrumental in helping us achieve that,” comments Modestas Tursa, VP of Payments at Vinted. “Checkout.com’s powerful technology and deep expertise across European and UK markets allow us to scale confidently while achieving high-performance payments and delivering the digital experience our users expect.”

"Partnering with Checkout.com has been excellent for us,” adds Eamon Lindsell, Senior Product Manager at Papa Johns UK. “The improvements we've seen in our payment acceptance rates, alongside the ability to offer our customers more flexible payment options, have had a significant impact on our overall customer experience. There's still a lot of untapped potential in this partnership, and we're excited to continue unlocking new opportunities to enhance our digital payment experience and drive growth.”