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May 6, 2020

Worldpay integrates Google Pay into global eCommerce payment pages

Payment processing company Worldpay has said that online merchants using its Hosted Payment Pages (HPP) can add Google Pay to their online checkout with no integration.

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Worldpay, which was acquired by FIS for whopping $43bn last year, has integrated Google Pay within its HPP offering, allowing merchants to facilitate express online checkouts by simply switching on Google Pay.

Shane Happach, head of global ecommerce, Worldpay Merchant Solutions at FIS said: “Now more than ever, consumers are swiftly moving online for shopping, so deploying quick, secure, user-friendly options at online checkout, like Google Pay, will be where merchants can gain an edge in an increasingly competitive market.

“Because online shoppers have more choice than ever, it’s vital that merchants deliver the most seamless and simple buying experience possible. Google Pay makes a truly express checkout where a single input from the shopper completes a purchase in seconds.”

Using Google Pay, customers can instantly checkout by authorising payment using their biometrics or feeding their Google account password.

This integration will enable Google Pay to make use of Worldpay’s wide geographic footprint.

Worldpay conducts cross-border payment processing in 155 countries via 58 domestic acquiring licenses.

Google director of emerging commerce platforms Spencer Spinnell said: “This technical integration into Worldpay’s global eCommerce payment pages will make it even easier for merchants to enable our payment solution,”

“Our goal with Google Pay is to deliver a fast, secure and easy shopping experience for consumers, especially online where cumbersome checkout experiences can be a barrier to sales.”

Free Report
img

What does the future hold for BNPL market?

The global Buy Now Pay Later (BNPL) market is estimated at a massive $120 million in 2021 – representing just less than 3% of the global ecommerce market. Yet the user-base is massive, with leading provider, Klarna, alone reportedly having 87 million users in 2021. This market is only expected to grow, with established companies like Apple and Goldman Sachs moving into the BNPL sector in bids to capitalize on this trend. To help you make the most of this growing market, GlobalData’s Buy Now Pay Later in 2022 and Beyond report provides detailed insight into the BNPL sector. This report:
  • Discusses the disruptive potential of the BNPL sector on the payments industry
  • Identifies the leading companies that are driving sector growth and the benefits this new payments solution provides to both merchants and consumers
  • Analyzes the consumer’s risk of using BNPL loans and government attempts at introducing regulations to the sector
  • Uncovers the main risks that consumers expose themselves to when borrowing with BNPL
Download this free report to get to know where this developing market is headed, and how you can reshape your strategies.
by GlobalData
Enter your details here to receive your free Report.

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