According to a study by Mastercard, many consumers abandon their online purchases because they have to struggle with registering and entering all their details in the store. Click to Pay can help to reduce these abandonments as it simplifies the payment process.
With Click to Pay, consumers can pay securely online with just a few clicks, without having to re-register with each store and re-enter their card details each time. If they have also entered a delivery address with Click to Pay, there is no need to enter this either. This not only simplifies the payment process, but also increases payment security through tokenization. Click-to-pay is a standard supported by the major payment networks that significantly speeds up the online purchasing process. This not only reduces the abandonment rate, but also protects payment data through high security standards.