Checkout.com Partners with Agoda for AI-Powered Travel Payments
Source: PR Newswire
Digital payments firm Checkout.com has partnered with Singapore-headquartered travel platform Agoda to deploy AI-powered payment optimisation across six million properties worldwide. The partnership uses Checkout.com's Intelligent Acceptance AI to reduce failed transactions and improve approval rates for global travel bookings.
Checkout.com, a global digital payments company, has partnered with Singapore-based travel platform Agoda to deliver AI-optimised payment infrastructure that processes transactions across more than six million hotels and holiday properties worldwide. The partnership centres on Checkout.com’s Intelligent Acceptance, a proprietary AI solution that uses real-time network data to route payments intelligently and reduce false declines.
Agoda, part of Booking Holdings and headquartered in Singapore with over 7,000 staff across 27 markets, processes complex cross-border, multi-currency, and high-volume transactions daily. Its partnership with Checkout.com strengthens virtual card issuing capabilities for supplier payments, achieving a 0% downtime record while maintaining clear oversight and control across its issuing operations.
The AI-driven Intelligent Acceptance system works alongside Network Tokens and Real-Time Account Updater to enhance approval rates across the travel payment flow. This is particularly important for travel platforms operating across diverse markets, where currency conversion, regional payment preferences, and fraud detection rules vary significantly.
Agoda’s Senior Director of Fintech Pitichoke Chulapamornsri said the company chose Checkout.com for its "proven performance, resilience, and deep technical expertise," noting that improved acceptance rates and zero downtime on issuing give Agoda confidence to continue expanding. Checkout.com’s Brian Sze, Head of APAC, said AI-driven optimisation is "essential to connecting travellers, merchants, and partners worldwide."
Why it matters for Singapore: Agoda is one of Singapore’s largest tech employers and a flagship homegrown digital platform. Its adoption of AI-powered payments infrastructure shows how Singapore-headquartered companies are deploying frontier AI to compete globally in travel tech. The partnership also reinforces Singapore’s position as a hub for fintech innovation and cross-border payment solutions serving the US$300 billion-plus ecommerce travel market.