eBay forges strategic alliance with Checkout.com to enhance payment processing
Deal News | Apr 16, 2025 | Home of Direct Commerce
eBay has struck a strategic partnership with Checkout.com, augmenting its global payment infrastructure to provide a seamless commerce experience. Known for its massive presence with over 2.3 billion live listings and a significant customer base across 190 markets, eBay seeks to amplify its payment processing capabilities for enhanced speed, convenience, and security on its platform. Avritti Khandurie Mittal, eBay's VP and General Manager of Global Payments and Financial Services, emphasized the importance of this partnership to meet customer needs for reliable and frictionless payments, which she believes is crucial for eBay's growth. By integrating Checkout.com's innovative payment technology and expertise in data acquisition, eBay anticipates increased acceptance in global markets and the advancement of digital commerce. Guillaume Pousaz, CEO of Checkout.com, expressed his alignment with eBay's vision, noting that this partnership will reshape the digital economy by ensuring optimal payment performance on an enterprise scale.
Sectors
- E-commerce
- Digital Payments
Geography
- Global – eBay operates in 190 markets worldwide and this partnership with Checkout.com is aimed at enhancing global payment operations, highlighting the international scope of this development.
Industry
- E-commerce – The industry involves buying and selling goods or services using the internet, and is relevant here as eBay is enhancing its payment platform for its online marketplace operations.
- Digital Payments – This involves the electronic transfer of money, and is relevant as eBay partners with Checkout.com to improve its payment processing and digital transaction capabilities.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| eBay | Target company | Company | A leading global e-commerce platform with over 2.3 billion live listings, operating across 190 markets. |
| Checkout.com | Payment processing partner | Company | A global digital payments platform providing payment processing solutions to enhance eBay's transaction capabilities. |
| Avritti Khandurie Mittal | VP & General Manager of Global Payments and Financial Services at eBay | Person | An eBay executive focused on advancing the company's payment and financial services. |
| Guillaume Pousaz | CEO at Checkout.com | Person | Leading Checkout.com, focusing on expanding the company's global digital payment solutions. |