Zilch, the ad-subsidised payments network (ASPN), has selected Checkout.com, the digital payments solution provider, as its primary acquiring partner globally, with a particular focus on the UK and USA.
With its payments network supporting over 145 currencies and domestic acquiring coverage in over 45 markets, Checkout.com will help Zilch continue to offer the fast and reliable high-performance payments its expanding customer base has come to expect from its regulated payment network.
Guillaume Pousaz, founder and CEO of Checkout.com, commented: “We are delighted to be working with Zilch, a category-leading fintech, to ensure that payments acquiring and processing is a business enabler and not a business distraction for Zilch as it successfully continues on its incredible growth journey. It’s an exciting moment to join forces in such a dynamic market where our technology is powering many of the world’s leading companies.”
This appointment represents an important milestone in Zilch’s operations and technology strategy as it rapidly evolves to best support the company’s high growth. In February, Zilch expanded its consumer debit and credit offering with the launch of ‘Pay over 3 months’ in addition to ‘Pay over 6 weeks’, for its more than 3.6 million registered users. Customers use their Zilch card on average 100 times a year and now make more than 10 million payments per month with Zilch.
Philip Belamant, co-founder and CEO of Zilch, also said: “Checkout.com’s innovation and robust track record in partnering with some of the world’s biggest companies made the decision to expand our partnership an easy one. Having worked together for over two years, I’m certain that this move will be a game changer in our tech stack and payments infrastructure.
“In addition, Zilch is excited to partner with another leading UK fintech in Checkout.com. It’s testament to the strength of the UK’s amazing fintech ecosystem and is another reason why I am proud to be a founding co-chair of the recently launched Unicorn Council for UK fintech.”
