Case Study: Curve optimizes fees to save £2.5 million a year with Checkout.com
Key results
The challenge
Curve, a UK fintech with over 5 million users that consolidates multiple payment cards into a single smart card, processes roughly £300 million per month. It wanted to reduce payment processing costs while maintaining high approval rates.
The solution
Curve worked with Checkout.com using Acquiring, Payment Methods, Intelligent Acceptance, and Network Tokens, executing a cost-reduction plan built with Checkout.com's account management and pricing teams.
“We couldn't have achieved these results without Checkout.com's dedication to the cost reduction plan.”
LGLotan GanotVP of Payment Solutions, Curve
The results, in context
Checkout.com reduced Curve's processing costs by seven basis points, which on roughly £300 million in monthly volume equates to more than £2.5 million in annual savings. Curve also achieved a consistent 96% payment approval rate.