Global payments technology firm Visa has launched Visa Checkout and aims to expand it to 16 markets globally in 2015 to help consumers sign up and use the service to simplify payments.
Launched in 2014 July in US, Australia and Canada, the service is also available in Argentina, Brazil, Chile, China, Colombia, Hong Kong, Peru, Malaysia, Mexico, New Zealand, Singapore, South Africa and United Arab Emirates. The global expansion kicks off by enabling cross-border commerce between consumers in the new markets and merchants in the U.S., Australia and Canada that accept Visa Checkout today and ship to the applicable country.
This will see select markets incorporate issuer, merchant, acquirer, and channel partnerships to support local eCommerce with Visa Checkout.
“Visa Checkout has seen tremendous growth in North America and Australia in just the few months since it’s been available. Consumers and merchants alike love its simplicity and ease, which is particularly important as people shop and buy more frequently on smaller devices like phones and tablets,” said Sam Shrauger, senior vice president of Digital Solutions at Visa. “Building on this positive momentum, we are aggressively carrying the service into new markets across the world throughout 2015 and beyond.”
Visa Checkout is an online payment service from Visa that makes it easier to pay with a card on your computer, tablet or mobile phone. To use it, you store your shipping and payment information in a secure account with Visa so that you don’t have to re-enter your information every time you shop online. When you see the Visa Checkout button as a payment option, you simply log into your account with your username and password, and click a button to complete your purchase.