Merchants Eye — Payments & Ecommerce News

Checkout.com Surges in APAC with 71% TPV Growth and New Enterprise Partnerships

By Georgia Stubbs · 31 March 2026

Press Release: Checkout.com Surges in APAC with 71% TPV Growth and New Enterprise Partnerships | Featured Image by FF Spotlight

Quick Summary

Checkout.com has achieved a massive 71% increase in Total Processing Volume (TPV) across the APAC region. This growth is driven by high-tier enterprise partnerships with brands like Alibaba and Temu, alongside a 50% year-over-year net revenue increase, signaling a major shift in APAC payment processing dominance.

How is Checkout.com Scaling APAC Payment Processing?

APAC payment processing has become a primary engine for Checkout.com, which has now delivered over 50% year-over-year net revenue growth in the region for three consecutive years. By focusing on enterprise merchant partnerships in high-growth sectors like marketplaces, gaming, and travel, the firm has secured a significant share of wallet from industry giants. Key performance metrics include:

  • 71% year-over-year increase in total processing volume (TPV) across APAC.
  • 50% net revenue growth sustained annually for three years.
  • $300 billion processed globally in ecommerce volume during 2025.

To support this trajectory, the company is aggressively expanding its regional talent pool across key hubs including Singapore, Hong Kong, Shanghai, Tokyo, and Sydney.

What is the Future of Agentic Commerce in Fintech?

Checkout.com is pivoting toward agentic commerce solutions, preparing for a future where AI agents manage consumer transactions autonomously. By building a connective protocol layer, the company allows merchants to integrate with AI platforms and emerging payment schemes seamlessly. This strategy involves collaboration with major tech and payment players to ensure interoperability across ecosystems.

“While agentic commerce is still in its early stages, we’re seeing real demand across APAC. But merchants need to have the right infrastructure, expertise, and network to operate in this new environment,” said Brian Sze, General Manager APAC at Checkout.com. “Our focus is helping these businesses understand the opportunity ahead and giving them the tools to capture it.”

How Does Checkout.com Support Global Enterprise Growth?

The platform solves cross-border scaling challenges for APAC-based merchants looking to expand globally. By providing a unified infrastructure, Checkout.com enables brands like SHEIN, Trip.com, and JD to manage complex payment flows across multiple jurisdictions. The recent return to full-year EBITDA profitability underscores the sustainability of this high-growth model.

  • Strategic local support provided through expanded offices in five major APAC cities.
  • Support for AI protocols including OpenAI’s Agentic Commerce and Google’s Universal Commerce.
  • Integration with frameworks such as Visa Intelligent Commerce and Mastercard Agentpay.

FF NEWS TAKE:

Checkout.com’s 71% TPV surge in APAC proves that the region is no longer just a secondary market—it is the frontline of APAC payment processing innovation. While many fintechs are retrenching, Checkout.com’s move into agentic commerce and its return to profitability suggest a highly disciplined expansion. This announcement definitely moves the needle, positioning them as the essential bridge between traditional ecommerce and the upcoming AI-driven economy.

Companies in this story: JD, ASOS, eBay, Spotify, Trip.com, Visa, Vinted, Alibaba, Google, NetEase, Uber, Pinterest, SHEIN, Checkout.com, OpenAI, Mastercard, HEYTEA, Temu, HelloFresh

People in this story: Brian Sze

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