Checkout.com’s new partnership with POLi will expand its offering of online payment solutions within its single online payments platform. This new partnership immediately enables any new and existing Checkout.com merchants to sell to millions of additional customers in Australia and New Zealand. A typical online retailer will get a 4 – 8 % lift in online sales in the region when they start accepting POLi payments.

Mathieu Altwegg, Checkout.com CEO, says: “We have been focused on the APAC region since our foundation and see this relationship with POLi as a natural extension of our story. We are thankful to POLi for their professionalism and look forward to further building the relationship.”

Jeffery McAlister, POLi Payments CEO, says: “POLi is very pleased that Checkout.com has decided to expand its payment choices by offering POLi. We are finding that merchants are increasingly seeking to avoid the complexity of managing multiple integrations by seeking out a single point of integration with companies such as Checkout.com.

Within the Australasian region POLi is a leading alternative payments product with a strong market share in gaming, travel, foreign exchange and online retail. We expect to continue expanding quickly and this partnership with Checkout.com will accelerate our ability to bring the benefits of POLi to more merchants and customers.”

In addition to providing international credit and debit card processing through its direct acquiring relationship with Visa Europe, MasterCard International, Union Pay International, American Express, Diners Club International and the Discover Network, Checkout.com is building partnerships with rapidly growing local payment providers around the globe in order to offer the most comprehensive cross-border payment solution for the internet.

Checkout.com’s focus on local payments has led to the creation of a unique solution that allows merchants to seamlessly connect all the local payments they need to their website via one single integration, regardless of the solution type (for example, eWallets, mobile payments, online banking or prepaid cards). This product typically targets merchants processing with credit cards who want to expand their reach around the globe by offering local payment options to ensure they never miss a sale again.