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July 9, 2020

US payment giants prepare to expand digital checkout solution globally

American Express, Discover, Mastercard and Visa have decided to expand their online checkout solution in additional geographies.

The card issuers are currently beginning technical preparations for the global expansion of checkout solution dubbed ‘Click to Pay’.

The move follows an agreement these payment giants forged last year to roll out the ‘Click to Pay’ solution in the US.

‘Click to Pay’ will now be launched into additional geographies including Australia, Brazil, Canada, Hong Kong, Ireland, Kuwait, Malaysia, Mexico, New Zealand, Qatar, Saudi Arabia, Singapore, UAE and the UK.

The solution is designed to provide a simple and secure online checkout experience to consumers online and via mobile apps.

It does this by eliminating the need to enter key details like personal account numbers and other information during checkout.

Based on the EMV Secure Remote Commerce industry-standard, Click to Pay mirrors the in-store checkout experience; requiring one terminal to accept all card payments.

Merchants will get access to a single virtual terminal for multiple card brands.  For merchants, this checkout solution will reduce friction in the payment process.

To enable this solution at merchants located across the globe, American Express, Discover, Mastercard and Visa are currently working with their payment service providers, gateways and acquirers across the ecosystem.

In the US, their network partners have helped more than 10,000 merchants enable the ‘Click to Pay’ payment option for their consumers.

These network partners include ACI Worldwide, Aurus, Blackbaud, BlueSnap, Braintree, Cybersource, Global Payments, Mastercard Payment Gateway Services, and Square.

For the expansion of ‘Click to Pay’ globally, the card issuers have partnered with Checkout.com, Noon Payments, SafeCharge, Windcave, among others.

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