/payments

News and resources on payments systems, innovations and initiatives worldwide.

Nochex partners Mastercard to roll out Click to Pay

Nochex Ltd, the UK's leading independent provider of payment services, has today announced it will be working with Mastercard to roll out Click to Pay.

  0 Be the first to comment

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

The Leeds-based provider is pleased to be working with the leading payments brand once again following a series of previous successful collaborations.

Click to Pay makes guest or online checkout easier for consumers by eliminating the need to manually enter details such as name, card numbers or billing address when purchasing online as the information will be stored securely during the initial set-up phase. Details are embedded directly within checkout, creating a better user experience for consumers with fewer interruptions and buttons to click at checkout.

Intelligent recognition, tokenization of card credentials and adherence to global standards provide a simple and secure checkout experience and gives consumers instant access to their preferred cards on every device. Millions of cards are enrolled in Click to Pay and more than 10,000 merchants globally have already enabled their customers with the Click to Pay solution. It allows merchants to offer a faster and more secure payment method during the checkout process.

With users becoming increasingly cautious of online fraudsters Mastercard and Nochex Ltd have continued to prioritise putting purchasers at ease during the checkout process with the Click to Pay function secured via tokenisation and remaining compliant with PSD2 requirements.

Accelerated by the change in online behaviour following COVID-19, Nochex Ltd is delighted to be paving the way for easier online transactions and are making it as simple as possible for merchants to adopt. The Nochex product is unique to the market with no additional integration required, the function will be automatically added to all merchant web stores through the Nochex API and hosted payment pages.

Andrew Baiden, Nochex Ltd, Commercial Director, commented: “We are excited to be working with Mastercard again on this new payment initiative. If the last two years have shown us anything it’s the importance of online payments to modern businesses. Consumers transacting online now have a lot more choices than ever before and are looking for retailers who allow them to checkout as securely and quickly as possible. We know our merchants are busy running their businesses, so our solution gives them access to the new service and removes the requirement for any additional work from their side.

Suren Nawalkar, Senior Vice President, Business Development, Mastercard UK & Ireland commented: “Payments are the backbone of our business, so we are pleased to expand our partnership with Nochex, supporting customers with advanced, secure payment technology. Click to Pay is an enhanced online payment experience, which provides security, convenience, and control for consumers, enabling checkout completion in just a few clicks.”
 

Sponsored [Webinar] Reaping the benefits of Hyper-Personalisation with AI and Application Modernisation

Related Company

Keywords

Comments: (0)

[Impact Study] 2024 Fraud Trends in Banking, Insurance, and BeyondFinextra Promoted[Impact Study] 2024 Fraud Trends in Banking, Insurance, and Beyond