Checkout.com Expands Enterprise Footprint With Majid Al Futtaim Unified Payments Deal

Checkout.com has shared an update.

The company announced that it has been selected by Majid Al Futtaim, a major Middle East-based conglomerate, to provide a unified payments platform across its portfolio of over 100 brands, including international names such as lululemon and Carrefour. According to Checkout.com, the implementation has delivered a 3% uplift in payment acceptance rates across the group, centralized fraud visibility with real-time detection, reduced cross-border costs through localized acquiring, and consolidation of payments into a single platform.

For investors, this partnership underscores Checkout.com’s ability to win and scale complex, multi-brand enterprise relationships in retail and consumer sectors, which can contribute to higher transaction volumes and revenue growth. The reported improvement in authorization rates and fraud management suggests that the company’s technology stack is competitive in a core value driver for merchants—conversion and risk control—potentially supporting pricing power and customer retention. Additionally, the emphasis on localized acquiring and lower cross-border costs aligns with ongoing industry trends toward optimizing international payment rails, reinforcing Checkout.com’s positioning in global e‑commerce and omnichannel payments. While the post does not disclose financial terms, the breadth of Majid Al Futtaim’s operations implies a sizable and recurring processing flow, which may enhance Checkout.com’s scale advantages and data capabilities relative to other payment service providers.