Case Study: Vinted achieves a 4.15% acceptance rate uplift with Checkout.com

Vinted lifts acceptance rates by 4.15% with Checkout.com

Vinted, a leading European marketplace for secondhand fashion, needed a payments service provider that could handle its rapid growth and scale across diverse European markets. Their challenge was to optimize payments for high performance and reliability while keeping costs lean and supporting continuous innovation. They partnered with Checkout.com to address this, utilizing their Acquiring and Intelligent Acceptance products.

Checkout.com provided a high-performance solution including a local UK acquiring license, the Intelligent Acceptance optimization tool, and Network Tokens. This partnership resulted in a 4.15% uplift in payment acceptance rates for Vinted. The solution enabled Vinted to process millions more successful payments, improving the customer experience and supporting its mission to make sustainable fashion more accessible.

Vinted