Leading payment systems jointly click on payment solutions in new markets
The world’s leading payment system American Express, Discover, MasterCard and Visa announced the launch of one-click click to pay online payment technology in new markets in Australia, Brazil, Canada, Hong Kong, Ireland, Kuwait, Malaysia, Mexico, New Zealand, Qatar Has , Saudi Arabia, Singapore, UAE and UK. Other countries will join it in future. Other countries will join it in future.
The Click to Pay solution is designed to make payments on the Internet easier and secure them for customers across networks and sites, in mobile applications and Internet-connected devices. Merchants can add a payment button to accept payments from holders of any card. And buyers, in turn, will not be required to create or enter an account, as well as enter detailed payment information.
Click to Pay was launched in the United States in October 2019, based on the new EMV Secure Remote Commerce standard. Since then, more than 10,000 entrepreneurs have provided one-click payments to their customers. Clicking on the Pay to Solution will help merchants experience payment for goods and services, make donations, and improve the user experience in any other situation where online entry required manual entry of card data.
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It was previously reported that quarantine changed the payment habits of Europeans. Thus, according to a MasterCard survey, nearly half of Europeans (42%) began using less cash during the COVID-19 epidemic, and 17% abandoned cash altogether. At the same time, about eight out of ten payments with MasterCard cards in European countries are non-contact (78%).
Read: Big EU banks to launch pan-European payment system
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