LONDON—Mastercard said it is partnering with Nochex Ltd, a U.K. provider of payment services, to roll out Click to Pay.
According to the company, 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, Finextra explained.
The report stated that 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. 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, Finextra said.
Click to Pay is secured by tokenization.
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