- The request from checkout.com for a merchant buyer Limited Purpose Bank (MALPB) Charter accepted by the Georgia Department of Banking and Finance
- The charter will allow better control, will offer improved digital payment performance for merchants and allow checkout.com to double American expansion plans
- Jordan Reynolds appointed CEO of Malpb and North American bank chief at the New Atlanta Office Atlanta
Atlanta,, October 3, 2025 / Prnewswire / – Checkout.comOne of the main providers of digital payments, announced today that the banking and financial department of the Georgia State had officially accepted its request for a bank for limited purity of merchants (MALPB). This strengthens the company’s commitment to deliver a powerful payment platform specially designed for merchants of American companies.
The request to Charter Malpb, once approved, will give Checkout.com direct access to the American card networks, allowing him to act as his own buyer. This revolutionary movement allows Checkout.com to provide highly efficient payments, improved control and even more fluid experience for traders.
It is a key moment in the company’s American growth trajectory. Since he entered the purchase of American merchants in 2021, Checkout.com activities have increased, increasing to represent 15% of the total world activities. In 2024, American volumes increased by more than 80%, exceeding all other regions, worldwide. Checkout.com is on the right track to exceed its objective of 30% net income growth in its main activity and should deal with more than $ 300 billion in electronic trade payment volume in 2025.
This new charter also marks the creation of a new office in Atlanta, Georgia, a strategic center for American payment and banking operations, adding to Checkout.comThe offices established in New York and San Francisco. This decision highlights a significant expansion of its North American capacities, including the recent launch in Canada. Checkout.com is reliable by some of the largest and most innovative companies in the world, including global corporate customers such as Ebay, Klarna, Ge Healthcare and Pinterest.
This step follows a relentless investment period motivated by an in -depth understanding of the landscape of American payments. This investment was focused on the optimization of payments performance for merchants and the acceptance of the Georgia Malpb Charter application is a next natural step. It allows checkout.com to offer a truly payment experience in the United States to benefit customers and accelerate growth.
“The charter of Georgia Malpb is a pivotal moment for our company, marking a” line in the sand “in our commitment to the United States” “ said Guillaume PusazCEO and founder, checkout.com. “Just as our British license in 2012 was a catalyst for our company, we consider this to be the final accelerator for our growth in the United States. The United States is already our region which knows the fastest growth, and we are expecting it firmly that it becomes our largest region worldwide by the end of 2027.
To direct this next growth phase, Checkout.com has tapped the veteran of the industry Jordan Reynolds as a new CEO of Malpb and the head of the Bank of North America. Reynolds, a proven leader with an experience of Elavon, Suntrust and Pwc, will direct the new entity, manage compliance and locate direct access to American card networks, consolidating the company’s long -term commitment to the region.
“This charter is a clear signal that we are here to offer us business merchants a really different choice” ” said Jordan Reynolds, Malapb CEO and bank chief in North America. “Our concentration on the construction of a single company payment proposal, first digital, is designed to win. We are not only a unique solution – we are a powerful alternative to inherited players and in place on the market.”
About checkout.com
Checkout.com treats payments for thousands of companies that shape the digital economy. Our global network of digital payments supports more than 145 currencies and provides high performance payment solutions around the world, dealing with billions of transactions per year.
We help business merchants increase acceptance rates, fight fraud and transform payments into a major income engine. Based in London and with 19 offices around the world, Checkout.com is reliable by leading brands such as Asos, Ebay, Pinterest, Docusign, Vintted, Uber Eats, Klarna, Wise, Sainsbury’s, Financial Times, Grab and Sony.
Checkout.com. Where the world checks.
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