· Checkout.com and Visa extend global relationship to simplify online shopping experience
Dubai, United Arab Emirates - Global payments technology company, Visa, (NYSE:V) and online payments provider, Checkout.com, have announced that all Checkout.com merchants, including more than 100 in the UAE, will have the opportunity to accept payments from shoppers around the world using Visa Checkout, starting today.
Visa Checkout is a simple and secure way for cardholders to make purchases online. Registered cardholders simply log in and then click a button to complete their purchase, with no need to re-enter payment and billing information, making the checkout experience easy, especially on mobile devices. The service is offered by more than 300,000 merchants worldwide and enjoyed by over 19 million registered Visa Checkout customers.
Checkout.com merchants such as Freedom Pizza, Tajawal, Sporter, Washmen and Sprii.ae, are already live on Visa Checkout. Over 100 new live e-Commerce brands in the UAE will now be able to instantly avail Visa Checkout through the Checkout.com hub. By offering online shoppers their preferred payment method and removing friction from the online shopping experience, merchants can extend their reach globally and increase their sales.
Mohammed Ali Yusuf, Director of Emerging Products & Innovation, Visa, said: “Visa Checkout helps to remove friction from the e-commerce environment, making the customer experience better, and in turn the merchant proposition more attractive. Through the expansion of our relationship with Checkout.com, a new wave of e-commerce merchants will be able to benefit from the service and offer their customers a convenient and seamless way to pay.”
Sebastian Reis, Vice President of Checkout.com, added: “We are extremely excited to bring Visa Checkout to our portfolio of merchants. Visa Checkout will be seamlessly available to all our clients, and increase the range of payment methods they can offer. Visa and Checkout.com share the vision of leading through technology, and this partnership further strengthens an opportunity to create value in the payment space through innovation.”
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About Visa Inc.
Visa Inc. (NYSE: V) is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. We operate one of the world's most advanced processing networks — VisaNet — that is capable of handling more than 65,000 transaction messages a second, with fraud protection for consumers and assured payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa's innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, pay ahead of time with prepaid or pay later with credit products. For more information, visit www.visamiddleast.com, visanewsmena.tumblr.com or follow us on Twitter @Visamiddleeast
© Press Release 2017
