VISA CHECKS OUT

SAN FRANCISCO – Visa Inc. has launched its answer to online shopping woes for consumers and merchants alike – Visa Checkout, a new product that’s geared towards making e-commerce and mobile payments quicker and simpler.

On Tuesday, the payments processor and financial services giant announced Visa Checkout’s debut in the U.S. Right now, the biggest pain point for retailers is when consumers put items in their shopping cart but then abandon them, often because it’s tedious to enter their billing and shipping information. Visa Checkout is meant to tackle that problem, said Sam Shrauger, Visa’s senior vice president of digital solutions.

He demonstrated how consumers can quickly set up a username and password and instantly add Visa credit and debit cards to their accounts. When they go to pay for an item at an online store, they simply pick their card or use a default one, without being redirected away from the page they’re visiting…

http://www.itbusiness.ca/news/visa-checkout-to-simplify-e-commerce-and-mobile-payments/49999

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