October 3, 2017
London-based online payment provider Checkout.com has chosen Boston for its headquarters as it officially launched a U.S. presence today. The company, led in the U.S. by payments veteran Peter Caparso, was founded in 2012 and counts Samsung, Adidas and Virgin among its clients. According to Caparso, the company will focus in the U.S. on smaller companies that are growing quickly and need a more customized and consultative approach from their payment provider.
“There’s a lack in the marketplace today,” Caparso noted. “There are certainly players that can process payments, but once they go live they might only engage in customer service on an 800 number. We want to invest in the relationship, understand their business and take them from the advanced-stage startup and help them grow into a global business.”
Checkout.com’s platform is modern and entirely proprietary, Caparso said, making the company more agile in its response to customers whose needs may be evolving quickly in what is becoming a commerce environment driven by the mobile device.
“Mobile is gaining and the app business is driving that,” he said. “In the next year or 18 months, many companies could find the number of online transactions that originate on mobile devices will be equal to traditional e-commerce.”