Zilch, the world’s first ad-subsidised payments network (ASPN), has announced it 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 that its expanding customer base has come to expect from its regulated payment network.
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 three months’ in addition to ‘Pay over six 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, CEO and Co-founder of Zilch, 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.”
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