One-click checkout payment in the Czech Republic
Global Payments is a technology and software company, providing the world’s leading complete commerce ecosystem to businesses of every size. This unique, connected infrastructure serves every dimension of commerce, carrying billions of transactions every year—safely and seamlessly.
GPE serves banks, merchant acquirers, fintech and technological companies, petrol downstream companies, and large retail chains, mainly across Europe, but also in the Asia-Pacific region.
Member of Global Payments Inc. - Global Payments Inc. (NYSE: GPN) is a leading worldwide provider of payment technology services that delivers innovative solutions driven by customer needs globally
The challenge
- One of the biggest challenges in digital payments is to improve the end-user experience when online shopping
- Reducing the risk of abandoned transactions and improving the security and privacy of the customers’ data
- In overall aiming toward perfectly balanced simplicity, security, and convenience for online shoppers.
The solution - Accelerating the digital commerce growth of the Czech market
CtP is a global digital wallet from card networks with the potential to replace standard card payments (manual entry of card data into the payment gateway). For the merchants, this leads to higher conversions due to the elimination of errors when entering card data, and tokenization of payment cards during the registration process. In near future, it gives a possibility to optimize the checkout and delivery process thanks to the transfer of verified data for the completion of the purchase (name, surname, shipping/delivery addresses, email, mobile).
The cooperation between the two payment players resulted in a fully functional operation of the Click to Pay (CtP) SaaS solution, thus providing an opportunity to thousands of merchants using GPE´s payment gateway GP webpay in Europe to improve their online payment business with an easy and seamless one-click checkout.