Checkout.com Builds on APAC Momentum with 71% TPV growth

WHY THIS MATTERS: The massive surge in transaction volumes across the APAC region highlights a critical shift in the global digital payments landscape. As enterprise merchants in high-growth sectors like gaming and marketplaces scale, they are moving away from fragmented legacy systems toward unified infrastructure that can handle cross-border complexities at scale. This momentum isn’t just about traditional e-commerce growth; it’s a foundational step toward the next evolution of transactionality: agentic commerce. By building connective layers across diverse protocols and AI platforms, payment leaders are preparing for a future where autonomous agents manage user spending. For the industry, this represents a transition from providing mere checkout tools to becoming the invisible, intelligent engine that powers both human and machine-led trade in the world’s most dynamic digital economy.

Checkout.com, a leading global digital payments company, today announced a 71% year-over-year increase in its total processing volume across the APAC region, following a strong year for enterprise merchant partnerships.

Speaking at Thrive Hong Kong, Checkout.com’s regional merchant summit, General Manager of APAC, Brian Sze revealed that net revenue has increased by 50% year-over-year across the region for the third consecutive year. This momentum was driven by a greater share of wallet from existing partnerships and a wave of new APAC merchants choosing Checkout.com to support their growth globally.

Checkout.com has experienced rapid growth over the past year, particularly among merchants in marketplaces, digital goods, travel, and gaming. The company now processes payments for some of the most renowned brands in the region such as Alibaba, Trip.com, Temu, SHEIN, JD, Heytea, NetEase, and many more. 

In a move to strengthen its new partnerships, Checkout.com is growing its regional headcount across Singapore, Hong Kong, Shanghai, Tokyo, and Sydney to better serve the region and accelerate product development.

“Our growth across APAC comes down to three things: adapting quickly to a changing market, staying close to what our customers need, and continuing to invest in our technology and our people,” comments Brian Sze, General Manager APAC at Checkout.com. “We’re giving merchants the infrastructure, expertise, and local support they need to grow with confidence.”

This regional growth follows Checkout.com’s recent return to full-year EBITDA profitability and a 30% increase in global net revenue after processing over $300 billion in ecommerce in 2025 for brands like Uber, Spotify, eBay, Temu, Pinterest, HelloFresh, ASOS, Vinted, and many more.

Looking ahead, Checkout.com is now building for agentic commerce, a world where AI agents execute transactions on behalf of consumers. The company is actively working with a broad range of partners to build a connective layer across protocols, schemes, and AI-platforms, so merchants can plug into a single ecosystem and meet their customers where they are, however they want to shop. Checkout.com supports Agentic Commerce Protocol backed by OpenAI, Google’s new Universal Commerce Protocol and both Visa Intelligent Commerce and Mastercard’s Agentpay framework. 

“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,” adds Brian Sze. “Our focus is helping these businesses understand the opportunity ahead and giving them the tools to capture it.”

FF NEWS TAKE: This explosive growth confirms that the APAC region remains the primary laboratory for financial innovation. While many talk about AI as a buzzword, the pivot toward protocol-level integration for agentic commerce suggests the industry is finally building the “pipes” for tomorrow’s automated economy. Watch for further consolidation among payment orchestrators as they race to provide the high-performance digital payments infrastructure required to support these sophisticated, multi-agent ecosystems.