Latest news with #ClicktoPay
FF News
2 days ago
- Business
- FF News
One Year In, Mastercard's Checkout Transformation Gains Ground Across Europe
One year after announcing its vision to phase out manual card entry and drive 100% tokenisation , Mastercard is celebrating major strides across Europe, where a growing number of partners are adopting the technologies that underpin safer, smarter digital commerce. Nearly half of Mastercard e-commerce transactions are now tokenised in Europe. These tokenised transactions, including Secure Card on File (SCOF), Click to Pay, and digital wallets, have increased by over one third in the past year. Merchant tokenisation, known as Secure Card on File (SCOF), is now live in 45 European countries and territories, helping reduce fraud and improve approval rates by replacing card numbers with dynamic, merchant-specific tokens. Click to Pay has expanded to 26 European markets, and enrolments have more than doubled over the past year, streamlining checkout for even more returning users. Meanwhile, payment passkeys are emerging as a breakthrough in digital authentication, allowing users to authenticate with a fingerprint or facial recognition- eliminating passwords. Newly onboarded partners working with Mastercard to accelerate adoption of seamless, secure digital checkout over the past 12 months include: Tokenisation: Delivery Hero (eFood, Foody, Foodora, and Glovo), Global Collect (Worldline), Monext, Santander Click to Pay: Autopay, Consors Finanz BNP Paribas, Fiserv, ICA Banken, Lendable, Nickel, N26, Ogone (Worldline), PayU, SaferPay (Worldline), SIX, and tPay Payment passkeys: Dintero, Netopia, Solidgate 'One year into our 100% tokenisation and authentication journey, Europe is gaining strong momentum,' said Brice van de Walle, Executive Vice President, Core Payments Europe, Mastercard. 'We're working with partners to make digital payments more secure and seamless, through Click to Pay, passkeys, and tokens.' Mastercard research** shows that 54% of Europeans feel irritated when asked to create an account at checkout, and 82% report some level of frustration navigating friction-heavy processes. By replacing passwords with passkeys, securely auto filling card details, and using encrypted tokens, Mastercard and its partners are addressing these pain points, making checkout safer and more user-friendly. 'We want to offer the best and most secure payment alternatives to our customers' said Matias Sanchez, Global Head of Cards and Digital Solutions at Santander. 'With tokenisation, their card details are better protected, making checkout easier, faster, and more secure. Partnering with Mastercard allows us to bring this extra layer of safety, therefore Click to Pay is one of our top priorities.' 'Mastercard Payment Passkeys mark a major step toward secure, seamless, and user-friendly digital payments. As the first European processor to combine this with Click to Pay, we're proud to offer a faster, safer, password-free experience, setting a new standard for digital commerce and building on our strong partnership with Mastercard.' said Marius Costin, Chief Executive Officer, NETOPIA Payments. Mastercard will continue partnering across the region to expand access, raise consumer awareness, and accelerate adoption, advancing its path toward 100% tokenisation and authentication by 2030.
Business Wire
3 days ago
- Business
- Business Wire
One Year in, Mastercard's Checkout Transformation Gains Ground Across Europe
AMSTERDAM--(BUSINESS WIRE)--One year after announcing its vision to phase out manual card entry and drive 100% tokenisation, Mastercard is celebrating major strides across Europe, where a growing number of partners are adopting the technologies that underpin safer, smarter digital commerce. Nearly half of Mastercard e-commerce transactions are now tokenised in Europe. These tokenised transactions, including Secure Card on File (SCOF), Click to Pay, and digital wallets, have increased by over one third in the past year. Merchant tokenisation, known as Secure Card on File (SCOF), is now live in 45 European countries and territories, helping reduce fraud and improve approval rates by replacing card numbers with dynamic, merchant-specific tokens. Click to Pay has expanded to 26 European markets, and enrolments have more than doubled over the past year, streamlining checkout for even more returning users. Meanwhile, payment passkeys are emerging as a breakthrough in digital authentication, allowing users to authenticate with a fingerprint or facial recognition- eliminating passwords. Newly onboarded partners working with Mastercard to accelerate adoption of seamless, secure digital checkout over the past 12 months include: Tokenisation: Delivery Hero (eFood, Foody, Foodora, and Glovo), Global Collect (Worldline), Monext, Santander Click to Pay: Autopay, Consors Finanz BNP Paribas, Fiserv, ICA Banken, Lendable, Nickel, N26, Ogone (Worldline), PayU, SaferPay (Worldline), SIX, and tPay Payment passkeys: Dintero, Netopia, Solidgate 'One year into our 100% tokenisation and authentication journey, Europe is gaining strong momentum,' said Brice van de Walle, Executive Vice President, Core Payments Europe, Mastercard. 'We're working with partners to make digital payments more secure and seamless, through Click to Pay, passkeys, and tokens.' Mastercard research 1 shows that 54% of Europeans feel irritated when asked to create an account at checkout, and 82% report some level of frustration navigating friction-heavy processes. By replacing passwords with passkeys, securely auto filling card details, and using encrypted tokens, Mastercard and its partners are addressing these pain points, making checkout safer and more user-friendly. 'We want to offer the best and most secure payment alternatives to our customers,' said Matias Sanchez, Global Head of Cards and Digital Solutions at Santander. 'With tokenisation, their card details are better protected, making checkout easier, faster, and more secure. Partnering with Mastercard allows us to bring this extra layer of safety, therefore Click to Pay is one of our top priorities.' "Mastercard Payment Passkeys mark a major step toward secure, seamless, and user-friendly digital payments. As the first European processor to combine this with Click to Pay, we're proud to offer a faster, safer, password-free experience, setting a new standard for digital commerce and building on our strong partnership with Mastercard," said Marius Costin, Chief Executive Officer, NETOPIA Payments. Mastercard will continue partnering across the region to expand access, raise consumer awareness, and accelerate adoption, advancing its path toward 100% tokenisation and authentication by 2030. 1 Mastercard nationally representative survey of 18,000 consumers aged 18+ across 12 European countries conducted by 3Gem – between 26th November and 3rd December 2024. *Almost half of Mastercard switched card not present transactions in April 2025 were tokenised. About Mastercard (NYSE: MA) Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're building a resilient economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Yahoo
3 days ago
- Business
- Yahoo
One Year in, Mastercard's Checkout Transformation Gains Ground Across Europe
Almost half of Mastercard e-commerce transactions in Europe are now tokenised, supporting the goal of 100% by 2030 AMSTERDAM, June 03, 2025--(BUSINESS WIRE)--One year after announcing its vision to phase out manual card entry and drive 100% tokenisation, Mastercard is celebrating major strides across Europe, where a growing number of partners are adopting the technologies that underpin safer, smarter digital commerce. Nearly half of Mastercard e-commerce transactions are now tokenised in Europe. These tokenised transactions, including Secure Card on File (SCOF), Click to Pay, and digital wallets, have increased by over one third in the past year. Merchant tokenisation, known as Secure Card on File (SCOF), is now live in 45 European countries and territories, helping reduce fraud and improve approval rates by replacing card numbers with dynamic, merchant-specific tokens. Click to Pay has expanded to 26 European markets, and enrolments have more than doubled over the past year, streamlining checkout for even more returning users. Meanwhile, payment passkeys are emerging as a breakthrough in digital authentication, allowing users to authenticate with a fingerprint or facial recognition- eliminating passwords. Newly onboarded partners working with Mastercard to accelerate adoption of seamless, secure digital checkout over the past 12 months include: Tokenisation: Delivery Hero (eFood, Foody, Foodora, and Glovo), Global Collect (Worldline), Monext, Santander Click to Pay: Autopay, Consors Finanz BNP Paribas, Fiserv, ICA Banken, Lendable, Nickel, N26, Ogone (Worldline), PayU, SaferPay (Worldline), SIX, and tPay Payment passkeys: Dintero, Netopia, Solidgate "One year into our 100% tokenisation and authentication journey, Europe is gaining strong momentum," said Brice van de Walle, Executive Vice President, Core Payments Europe, Mastercard. "We're working with partners to make digital payments more secure and seamless, through Click to Pay, passkeys, and tokens." Mastercard research1 shows that 54% of Europeans feel irritated when asked to create an account at checkout, and 82% report some level of frustration navigating friction-heavy processes. By replacing passwords with passkeys, securely auto filling card details, and using encrypted tokens, Mastercard and its partners are addressing these pain points, making checkout safer and more user-friendly. "We want to offer the best and most secure payment alternatives to our customers," said Matias Sanchez, Global Head of Cards and Digital Solutions at Santander. "With tokenisation, their card details are better protected, making checkout easier, faster, and more secure. Partnering with Mastercard allows us to bring this extra layer of safety, therefore Click to Pay is one of our top priorities." "Mastercard Payment Passkeys mark a major step toward secure, seamless, and user-friendly digital payments. As the first European processor to combine this with Click to Pay, we're proud to offer a faster, safer, password-free experience, setting a new standard for digital commerce and building on our strong partnership with Mastercard," said Marius Costin, Chief Executive Officer, NETOPIA Payments. Mastercard will continue partnering across the region to expand access, raise consumer awareness, and accelerate adoption, advancing its path toward 100% tokenisation and authentication by 2030. 1 Mastercard nationally representative survey of 18,000 consumers aged 18+ across 12 European countries conducted by 3Gem – between 26th November and 3rd December 2024.*Almost half of Mastercard switched card not present transactions in April 2025 were tokenised. About Mastercard (NYSE: MA) Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're building a resilient economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest View source version on Contacts Media Suman Gabriel Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Biz Bahrain
3 days ago
- Business
- Biz Bahrain
Visa Study Reveals Bahrain Consumers Would Shop More Online with Simpler Checkout Experience
Visa, a global leader in digital payments, today announced the findings of its 'Checkout Friction Report', which highlights strong consumer demand for a more secure and seamless eCommerce experience. Despite the widespread adoption of eCommerce and significant progress in growing Bahrain's digital economy, opportunity remains for retailers to enhance checkout experience and increase customer satisfaction. The research is based on a survey of 2,016 online shoppers across the GCC, including Bahrain, and explored their experiences with eCommerce purchases. It examined common pain points during the checkout process that affect both consumer satisfaction and business outcomes. Checkout Challenges Undermine the Rise of Frequent Online Shopping Visa's 'Checkout Friction Report' shows that 28% of respondents in Bahrain shop multiple times a week for groceries. For categories such as fashion, entertainment, and electronics, shopping frequency ranges from once to a few times a month. According to 42% of respondents, one of the biggest frustrations with online checkouts is security concerns (42%), followed by the hassle of entering card details manually (39%). By addressing these challenges, retailers can enhance the checkout experience which could lead to increased customer satisfaction. 'Today's consumers expect – and deserve – a more seamless and secure checkout experience. That's why Visa is working with partners to enable solutions like Click to Pay, which leverages biometrics and tokenization to eliminate key pain points and deliver a more convenient shopping experience. Improving these moments not only drives a better consumer experience but also builds on the Bahrain government's achievements in building a seamless, secure digital economy,' said Ali Bailoun, Visa's Regional General Manager for KSA, Bahrain and Oman. Bahrain Online Shoppers Prioritize Safety Beyond the inconvenience of checkout, security remains a top priority for online shoppers. According to Visa's research, 69% of consumers surveyed are worried about the risk of fraud, while 59% expressed concerns about storing their card details on multiple websites. Additionally, one in three (34%) respondents have experienced fraud or security breaches. Biometrics and One-Click Checkouts for Better Online Payment Experience Visa's 'Checkout Friction Report' also reveals a strong preference for a more streamlined checkout, with 65% of respondents supporting a single registration process for online payments across all participating merchants. When the option of biometric authentication was proposed, almost two-thirds (64%) of respondents said they would use it to check out, with 58% trusting biometric authentication (fingerprint/face ID) more than traditional payment methods (passwords/OTP). Most respondents (77%) would shop online more frequently and be more likely to complete their purchases with a one-click checkout option. Two-thirds of the surveyed consumers (68%) show a high likelihood of using 'Click to Pay with Biometrics'' if offered by online retailers. 'Challenges in the online checkout process have direct implications for businesses, resulting in lost revenue, and hampering both customer acquisition and retention. For businesses, the demand for simpler and safer checkout options is clear,' said Ahmed ElKaffass, Visa's Country Manager for Bahrain. Visa Click to Pay streamlines online shopping by providing advanced checkout experiences, eliminating the need to manually enter card details, thereby making transactions significantly faster. At participating eCommerce platforms, consumers can simply click the Click to Pay button to complete their purchase quickly and easily using their preferred Visa card and shipping address. Visa's Click to Pay relies on biometric authentication available on the consumer's device and does not require transfer of biometric data.
Yahoo
28-05-2025
- Business
- Yahoo
Visa Expands Click to Pay Across Asia Pacific Via Hong Kong's ZA Bank
Visa Inc. V recently introduced a transformative solution, Click to Pay, across Hong Kong, and ZA Bank, the country's largest and first digital bank, has extended a helping hand by becoming the first card-issuing bank to deploy the feature across Hong Kong and the broader Asia Pacific region. This marks the beginning of a wider rollout, with 11 additional markets expected to follow. Click to Pay is designed to simplify online shopping by removing the friction associated with traditional checkout methods. Once users activate their Visa card within their issuing bank's app, they can skip entering long card numbers and avoid filling out form fields. Users will also no longer need to remember complex passwords. This not only enhances user convenience but also reduces the average checkout time. With consumer card information securely stored by Visa, users benefit from a trusted and secure environment without relying on third-party websites to store sensitive details. To further enhance ease of use, Click to Pay is embedded at the card level, meaning consumers don't need to register separately on eCommerce or merchant platforms. Activation occurs automatically once the card is onboarded via the bank's app, making it instantly available for use. Consumers can set up their Visa Payment Passkey using their device's built-in biometric tools or screen lock. This adds an extra layer of protection when authenticating future online purchases across participating eCommerce platforms. Enhanced security remains a key pillar of Visa's Click to Pay, which seems to be of immense need amid the surge in online frauds amid a booming digital era. Therefore, the ulterior motive of the Visa solution remains to revolutionize the online shopping experience, lead to a reduction in cart abandonment rates for eCommerce transactions and improve authorization rates. Therefore, it provides for higher conversion rates and lesser fraud risks for merchants as well as enables shoppers to complete purchases with just a few clicks using their registered email address, phone number or a Visa Payment Passkey. Introducing such a beneficial solution across Hong Kong is expected to expand Visa's customer base across the region while driving higher revenues from its key enablers suite, of which Click to Pay is a part. This portfolio also contains innovative solutions such as Tap to Pay and Visa Token Service. The company aims to drive growth in consumer payments by increasing acceptance points and strengthening consumer engagement through key enablers. Furthermore, rolling out Click to Pay across Hong Kong is also reflective of Visa's keen eye to capture digital growth prospects of the broader Asia Pacific region. The region's eCommerce growth is fueled by rising mobile usage, digital innovation and robust connectivity. Major acquirers like AsiaPay and an extensive network of merchants across the targeted region have already adopted V's Click to Pay. Shares of Visa have gained 30.4% in the past year compared with the industry's 24.5% growth. V currently carries a Zacks Rank #3 (Hold). Image Source: Zacks Investment Research Some better-ranked stocks in the Business Services space are Limbach Holdings, Inc. LMB, APi Group Corporation APG and Shift4 Payments, Inc. FOUR. While Limbach sports a Zacks Rank #1 (Strong Buy), APi Group and Shift4 Payments carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here. The bottom line of Limbach outpaced estimates in each of the last four quarters, the average surprise being 91.17%. The Zacks Consensus Estimate for LMB's 2025 earnings indicates an improvement of 21.9% from the year-ago figure. The consensus mark for revenues implies growth of 18.7% from the year-ago number. The consensus mark for LMB's earnings has moved 27.2% north in the past 30 days. APi Group's earnings outpaced estimates in three of the trailing four quarters and matched the mark once, the average surprise being 4.06%. The Zacks Consensus Estimate for APG's 2025 earnings indicates an improvement of 11.4% from the year-ago figure. The consensus mark for revenues implies growth of 6.8% from the year-ago number. The consensus mark for APG's earnings has moved 3% north in the past 30 days. The bottom line of Shift4 Payments outpaced estimates in three of the last four quarters and missed the mark once, the average surprise being 16.78%. The Zacks Consensus Estimate for FOUR's 2025 earnings indicates an improvement of 43.4% from the year-ago figure. The consensus mark for revenues implies growth of 26.1% from the year-ago number. The consensus mark for FOUR's earnings has moved 18% north in the past 30 days. Shares of Limbach, APi Group and Shift4 Payments have gained 128.2%, 30.2% and 35.2%, respectively, in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Visa Inc. (V) : Free Stock Analysis Report Limbach Holdings, Inc. (LMB) : Free Stock Analysis Report APi Group Corporation (APG) : Free Stock Analysis Report Shift4 Payments, Inc. (FOUR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
