Checkout.com is moving into embedded finance with card issuing added to its stack
IN BREIF:
- The firm's clients can now issue fully customisable virtual and physical cards
- Brands are able to differentiate their cards, either by using eco-friendly or recycled materials or with unique colour combinations
- Checkout.com notes that embedded finance revenues are predicted to hit close to $7.2trn by 2030
What does this mean?
Meron Colbeci, CPO, Checkout.com, says: “Card issuance and embedded finance has exploded over the past few years as sectors like online travel, marketplaces and digital banking use payments to stay at the heart of their customers’ financial lives. Checkout.com Issuing is built on open, flexible APIs that mean businesses can create purpose-built card programmes, enhance cash flow and unlock new revenue opportunities.”
