Checkout.com grabs Georgia banking charter

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AI Summary

Checkout.com received conditional approval for a merchant acquirer limited purpose bank charter in Georgia; this development may set a precedent for other fintech companies seeking banking charters.

Texas Relevance

The article does not mention Texas or any Texas-specific entities, and the focus is on a Georgia-based approval.

Original Content

The payments processor received conditional approval for the state's merchant acquirer limited purpose bank charter.