Judopay Partners with Mastercard to Revolutionise Mobile Purchases in the Post-pandemic Environment
- Payments , Money Transfers
- 04.01.2022 11:30 am
Strengthening Judopay's mobile payment services as the world adapts to an increasingly touch-free economy
Judopay, a leading mobile payments provider, today announces that it’s partnering with Mastercard on its SCA compliant (Secure Customer Authentication, which requires two-factor authentication to ensure it is in line with Europe’s new regulations), Click to Pay solution.
Click to Pay offers consumers and merchants a more convenient and secure guest checkout experience supported by intelligent recognition. It makes it easier and safer for consumers to check out online without having to manually enter their card details every time or store them with multiple merchants.
In a post-pandemic environment, which has accelerated consumers' use of contactless and mobile payments, this collaboration demonstrates Judopay and Mastercard’s commitment to improving the eCommerce experience, providing rich native components for customers to use within their mobile apps. Along with offering enhanced security, merchants across the Food & Beverage, Mobility and other sectors will also benefit from no additional transaction fees, as well as no additional onboarding or integration.
This solution adds an enhanced way for consumers to pay online via apps, with their mobile devices, and provides a seamless journey for guest checkouts, they can pay with ease on a website or app even if they have never visited it before by accessing their Click to Pay account. Card details are protected through tokensation, which allows payments to be completed without the merchant having to access the consumers personal information.
Using Mastercard Click to Pay, consumers do not have to enter in their card details, name, email address or billing details to complete a purchase, and instead use the details that are already stored in their Click to Pay to pay account. Furthermore, being SCA compliant, Mastercard offers enhanced security, using tokenisation, which reduces merchant risk and overall exposure to fraud.
Judopay's CEO, Jeremy Nicholds, commented: "With people getting fully accustomed to using their mobile devices to pay when out and about, for both hygienic benefits and convenience, partnering with Mastercard to enable a Click to Pay solution makes sense as a next step in our relationship. It will be a key strategic partnership as we grow our business across a range of different markets and head into an increasingly digital future"
He added: "Having previously worked with Mastercard to provide their Pay by Bank App solution to our customers last year, using our strong relationship, we will work together in helping businesses to continually adapt to a touch-free economy."
Scott Abrahams, Senior Vice President, Business Development, Mastercard UK & Ireland commented: “The new digital age spawns a fresh set of players who are keen to co-create and innovate on our network. Therefore, providing a single point of entry to technology, products and partnerships, as well as flexibility, is the company's priority.
“Mastercard has been actively expanding its platform capabilities through the Mastercard Developers portfolio, adding a multitude of differentiated services to power new ways to pay, enhance the customer experience and infuse trust across the payments ecosystem.”
To learn more about the Judopay, please visit: judopay.com