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Checkout.com goes live with US direct acquiring under MALPB charter

Wednesday, September 09, 2026 — 15:48:31 (UTC)

Checkout.com goes live with US direct acquiring under MALPB charter

Checkout.com’s Merchant Acquirer Limited Purpose Bank (MALPB) charter is now live and operational.

This milestone marks the third phase of the company’s MALPB journey, moving from application acceptance and approval into active operation.

Direct access to card networks gives Checkout.com greater control across the payment lifecycle and creates a stronger platform for higher performance and product innovation for merchants in the US.

ATLANTA & NEW YORK – September 9, 2026 – Checkout.com, a leading global digital payments company, today announced the launch of direct acquiring in the US under its Merchant Acquirer Limited Purpose Bank (MALPB) charter in Georgia, marking a significant milestone in the company’s long-term investment in North America.

Operating through the MALPB gives Checkout.com the ability to optimize our platform for higher performance, faster operational execution, and continued product innovation for merchants in the US. The MALPB will enable direct access to card networks, reduce reliance on third-party intermediaries, and give the company greater control across the payment lifecycle.

The move completes the third phase of Checkout.com’s MALPB journey, taking the company from application acceptance, to charter approval, to active operation. As Checkout.com begins processing volume through the charter, it is strengthening its direct acquiring capabilities in the world’s largest digital economy and building a more resilient foundation for long-term merchant performance in the US.

“Going live on the MALPB is a defining step in our US journey,” said Jordan Reynolds, MALPB CEO and Head of North American Banking at Checkout.com. “It reflects years of investment, regulatory rigor, and operational build-out to create a stronger acquiring foundation in the US. As we begin processing through the charter, we are bringing more control into the payment lifecycle, which will help us deliver stronger performance, greater resilience, AI-powered payment optimization, and more flexibility for enterprise merchants over time.”

“Georgia created the MALPB framework to support responsible innovation in merchant acquiring, and Checkout.com reaching this operational milestone reflects the level of preparation, governance, and long-term commitment required to participate in that robust framework successfully,” said "Bo" Fears, Commissioner of the Georgia Department of Banking and Finance. “I welcome Checkout.com to Georgia and anticipate that it will be a key participant in the dynamic payments ecosystem in Georgia for years to come.”

As Checkout.com continues to expand its footprint across North America, the MALPB will serve as a foundation for the company’s next phase of growth. Building on this milestone, Checkout.com plans to deepen its investment in the region through continued hiring, product innovation and the expansion of its enterprise-grade payments infrastructure.

With teams growing across San Francisco, Atlanta and New York, Checkout.com is continuing to build closer to its customers and accelerate the development of products designed for the needs of the North American market.

ENDS

About Checkout.com

Checkout.com processes payments for thousands of companies that shape the digital economy. Our global digital payments network supports over 145 currencies and delivers high-performance payment solutions across the world, processing billions of transactions annually. In 2025, Checkout.com processed more than $300bn in ecommerce payments volume.

We help enterprise merchants boost acceptance rates, combat fraud, and turn payments into a major revenue driver. Headquartered in London and with 19 offices worldwide, Checkout.com is trusted by leading brands such as Spotify, HelloFresh, eBay, Uber, Pinterest, Vinted, Klarna, Financial Times, and Sony.

Checkout.com. Where the world checks out.

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Source: Company press release.

Categories: Announcement