Payment gateways facilitate payments from customers to merchants, from traditional POS terminals to online ecommerce stores and everything in between. Payment gateways can also offer extra add-on services such as payouts to customers, fraud prevention and more.
There is a range of payment gateways to choose from if you’re looking for a way to get paid easily by your customers, or make global payouts - including Checkout.com, which we’ll look at in depth here.
This guide covers a full Checkout.com review, plus all you need to know about Checkout.com pricing, support and payment options. We will also share an alternative way to receive global payments in multiple currencies using local account details with Wise Business.
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Checkout.com¹ is a cloud-based end-to-end payment gateway and platform, which offers incoming and outgoing payment support in a range of currencies, plus fraud detection and prevention services².
Checkout.com processing is available in 145+ countries³, including Singapore, USA, UK and more, with domestic processing in 55 of them. Around 20 settlement currencies are available.
Checkout.com also has local support teams in 19 offices around the world, to help businesses navigate local regulations in different areas - and so you’ll always be able to get the help you need when you need it.
Yes. Checkout.com is regulated by a range of bodies around the world - including the Monetary Authority of Singapore⁴. That means you know it follows legal requirements and industry best practices to keep customers and their money safe.
Among other security measures, Checkout.com offers 3D Secure authorisation, dispute management support, tokenisation, plus risk management and fraud prevention solutions⁵.
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Checkout.com supports ecommerce businesses to take payments from customers online, through mobile apps, social media channels and email. It also offers payout services for businesses involved with moving money around the world.
As a business owner, you’ll be able to integrate Checkout.com into your site through its unified API (Application Programming Interface). This gives you the opportunity to add some or all of the functionality provided by Checkout.com to your site without having to build out your own solutions. Just pick the modules from Checkout.com that suit your specific business needs, and use the full API documentation and Checkout.com support to add these tools to your business.
Checkout.com supports an impressive range of local, regional and global payment methods, including⁶:
You will also be able to accept payments with major card schemes like Visa, Mastercard, American Express, Diners Club International, Discover and JCB.
By incorporating Checkout.com customers can pay for goods and services using their preferred payment method, and in many cases, using their local currency too. You’ll also be able to securely store payment details to make it easier for returning customers to buy again.
Checkout.com also supports global payouts to allow you to improve customer experience when moving money at scale.
From Singapore, you can send money to customer bank cards, which can arrive in minutes, in a broad range of currencies. Part of Checkout.com’s service is in supporting regulatory requirements and fraud prevention, making this a safer way to add functionality to your business.
Checkout.com pricing is based on the type of business you run and the associated risks. That means you’ll get a tailor made quote for a flat fee covering the services your business needs. Checkout.com also has granular and detailed data showing card-association fees, processor fees and interchange fees, so you can see exactly how much you’re paying for any given transaction.
Here’s what Checkout.com says about costs⁸:
As part of the fees you pay you’ll also get data migration assistance and risk and fraud management tools.
One other cost that’s worth knowing about is the Checkout.com foreign exchange fee⁹, which applies if you’re paid by a customer in one currency, and get a payout to your bank in another.
While Checkout.com suggests a foreign exchange fee of around 1% to 3% of the converted amount¹⁵, the actual fee will depend on the currency pair and will be reflected within your Checkout.com contract, merchant agreement or pricing schedule.
The good news is you may be able to save money if you choose to get payouts to a low cost multi-currency account, like Wise Business. More on that, next.
Connecting with customers all over the world can be great for tapping into new markets to grow your revenue - but there’s a catch.
| 💡If you're growing a global business, you'll quickly face a daunting wall of costs, complexity, and hidden fees when receiving international payments. Wise Business helps you bypass this wall, making it easy to receive money from around the world and start getting paid like a local today. |
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➡️Get started with Wise Business today
To help you decide if Checkout.com is the best payment gateway for your business, let’s compare it with a couple of other industry leaders - here’s a summary of Checkout.com vs Stripe and Adyen.
➡️ There’s more on Stripe - including what it is and how Stripe fees work, in this Stripe payment guide.
➡️ You can also learn more about Adyen in this full Adyen review.
| Checkout.com | Stripe | Adyen | |
|---|---|---|---|
| Available currencies | 145+ | 135+ currencies¹⁰ | Customers can pay through Dynamic Currency Conversion in 30+ currencies¹³ 30 settlement currencies |
| Payment methods accepted | Huge range of local, regional and global payment methods, including:
| Payment options vary based on your location. Singapore users can accept Visa, Mastercard, JCB, American Express, China UnionPay credit and debit cards. Stripe also supports local payment methods like PayNow. | Payment options vary based on your location. |
| Integrated payment platform | Flat fees with granular visibility of all costs involved with payment processing | Fees vary by location and payment method. For example, in Singapore: 3.4% + 0.5 SGD per card transaction¹¹ In the US: 2.9% + 0.3 USD per card transaction¹² | Fees vary by location and payment method. Generally around: 0.13 USD + a % fee based on the card type (often 3% - 4%)¹⁴ Monthly minimum invoicing also applies |
| Currency conversion | 1.99% | Fees vary by location and payment method. For example, in Singapore: 2% markup is applied per card transaction In the US: additional 1% fee for currency conversion + 1% for foreign card use | Fees vary by currency and will be reflected in the transaction. Adyen does not publicly disclose its currency conversion rates. |
| ➡️ If you’re looking for trustworthy payment gateways to bring your Singapore business to the next level, read our guide on the Best Payment Gateways in Singapore. |
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If you’re running an online business and need smart ways to connect to customers around the world, Checkout.com offers easy integrated payment solutions and options for global payouts.
Checkout.com is an established payment gateway known for its speed and reliability. With the ability to process 145+ currencies, it is a useful solution for a wide range of Singapore businesses that wish to focus on growing international markets. However, you should note that Checkout.com may be pricey, especially when your transaction volumes increase. If you wish for a one-stop payment gateway solution that supports retail sales, its competitors like Stripe and Adyen offer better physical retail features and Point-of-Sales options.
And don’t forget, if you get paid in foreign currencies, you could get more flexibility and a better exchange rate if you withdraw your funds directly to a Wise Business account and convert your money to the currency you need with Wise’s low fees and mid-market exchange rates.
➡️Get started with Wise Business today
Sources:
Sources checked on 7 Aug 2025
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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