⚡️The Cardstream acquirer network and Mastercard are launching a new service to support e-commerce

⚡️The Cardstream acquirer network and Mastercard are launching a new service to support e-commerce

The service is called Click to Pay, and it is an integrated and optimized checkout within the numerous integrations of Cardstream.

➡️ The solution eliminates the need for the user to manually enter passwords and card details (or multiple cards if they have several). All this information will be stored in their profile, automatically updating if there are any changes.

➡️ Access to selected cards is possible from different devices.

➡️ With the participation of Mastercard, the order processing time has been reduced by 50%, and the payment acceptance rate has increased by approximately 3%.

➡️ Contextually: partnerships with fintech startups are now a direct strategy for “Mastercard.” Currently, for example, they have a special four-month partnership program — Start Path — aimed at improving digital payments by attracting experts from related fields, where large companies like Gr4vy, Hook, Nearpay, Omniretail, and Tazapay are also involved alongside Cardstream.

Experts believe that Click to Pay has every chance to become as widespread a technology as contactless payments. Well, time will tell.

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