Drive MasterPass AcceptancePAY.ON leverages a white label global payment gateway that allows Payment Service Providers to outsource payment processing and easily expand their payment method portfolio and processing routes. PAY.ON has now prepared their payment platform to support for MasterPass transactions - effectively allowing their Payment Service Provider customers to offer their merchants the ability to take MasterPass payments.
MasterPass simplifies checkoutMasterPass is MasterCard's digital wallet solution that stores payment and shipping information in a highly secure data center at the issuing bank, and then automatically transmits cardholder information to the merchant during the checkout process. Payment is reduced to a few clicks, and due to the connection with the bank’s internal systems, is quicker and more secure.
When shoppers have to repeatedly enter account details and address information, it leads to higher rates of shopping cart abandonment. The continuing trend toward shopping on mobile devices therefore requires innovative, customer and merchant-friendly payment solutions.
COPYandPAY offers immediate integration of MasterPassMasterPass is available via PAY.ON’s COPYandPAY, which allows merchants to quickly enable payment processing within their online shop by incorporating a few lines of code. The fully set up, immediately active payment page includes nearly 100 payment methods and comprehensive fraud prevention tools.
Wolfgang Berner, Senior Vice President Product at PAY.ON, concludes: "COPYandPAY’s widget-based payment page requires one single, unified API to connect to PSPs globally. It is fully PCI-compliant and links to more than 300 acquirers and alternative payment methods worldwide. Immediate integration of MasterPass into COPYandPAY reinforces the suitability of our widget-based payment page for PSPs and their merchants looking for the perfect payment setup”.
About PAY.ONPAY.ON delivers white label global payment gateway solutions to payment service providers, ISOs and acquirers, enabling them to fully outsource payment transaction processing or integrate a gateway solution. The core payment gateway provides cross-border payment processing, PCI-compliant merchant boarding, and access to more than 300 domestic and international acquirers and alternative payment methods. PAY.ON enables payment providers to rapidly increase international revenues, reduce costs and risk, and accelerate market expansion. For more information, visit www.payon.com.
Article sourced from Press Release by PAY.ON, July 15th, 2015