Visa Inc. today announced that Visa
Checkout will become available in a total of 16 markets in 2015,
continuing the early momentum the product has seen since launching in
three markets in the summer of 2014.
“Visa Checkout has seen tremendous growth in the U.S., Canada and
Australia in just the few months since its launch,” said Sam Shrauger,
senior vice president of Digital Solutions at Visa. “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. Building on this positive momentum, we are
aggressively carrying the service into new markets across the world
throughout 2015 and beyond.”
Today consumers from ten countries can sign up for Visa Checkout at www.visacheckout.com
and start using the service. In the coming months, Visa will extend the
service into new regions, so that by the end of 2015 Visa Checkout will
be available in the following 16 markets: the U.S., Australia, and
Canada, where the product first launched in July 2014, as well as
Argentina, Brazil, Chile, China, Colombia, Hong Kong, Peru, Malaysia,
Mexico, New Zealand, Singapore, South Africa and United Arab Emirates.
Consumers in newly-enabled markets will first be able to use Visa
Checkout to buy from merchants in the U.S., Australia and Canada that
accept Visa Checkout today and have the ability to process shipping
internationally. As the rollout continues this year, select markets will
begin to incorporate issuer, merchant, acquirer, and channel
partnerships to support local commerce with Visa Checkout. Visa will
also launch localized Visa Checkout websites for many of these markets.
Visa Checkout Market Momentum
Visa Checkout is already making it easier for millions of consumers to
pay with their cards online and on any device. Over three million Visa
Checkout accounts have been created to date, and Visa Checkout merchants
see a 70%+ average conversion for existing users making a purchase.
Visa
Checkout is an online service from Visa that makes it easier to pay
using a computer, tablet or mobile phone. Consumers simply store their
shipping and payment information in a secure account with Visa once, and
they never have to re-enter it again when shopping online at merchants
who offer Visa Checkout. When a user sees the Visa Checkout button as a
payment option, they simply log into their account, enter their username
and password, and click a button to complete the purchase.
More specific details about Visa Checkout’s early momentum and its
continuing global expansion will be available at http://visatechmatters.tumblr.com/.
Visa will demonstrate Visa Checkout at Mobile World Congress in
Barcelona, Spain (Hall 6, stand D40) during March 2-5, 2015.
About Visa
Visa is a global payments technology company that connects consumers,
businesses, financial institutions and governments in more than 200
countries and territories to fast, secure and reliable electronic
payments. We operate one of the world’s most advanced processing
networks — VisaNet — that is capable of handling more than 47,000
transaction messages a second, with fraud protection for consumers and
assured payment for merchants. Visa is not a bank and does not issue
cards, extend credit or set rates and fees for consumers. Visa’s
innovations, however, enable its financial institution customers to
offer consumers more choices: pay now with debit, ahead of time with
prepaid or later with credit products.
Copyright Business Wire 2015