Visa expands availability of its online checkout service with new issuers and merchants
Visa has expanded the global availability of its online check out service Visa Checkout with new issuers as well as merchants.
The new issuer partners of the service in China include China Merchants Bank, Shanghai Pudong Development Bank, China Everbright Bank, Bank of Guangzhou, and The Card Center, China Minsheng Banking.
New issuer partners in UAE include Mashreq, Emirates NBD, Majid Al Futtaim Finance, Dubai Islamic Bank, Emirates Islamic Bank.
Moreover, China Merchants Bank and Shanghai Pudong Development Bank are the first two issuers across the globe to introduce Visa Checkout’s mobile app inline provisioning within their banking apps.
This will facilitate customers in enrolling for Visa Checkout while shopping online at overseas merchants.
Visa digital solutions senior vice president Sam Shrauger said: “It’s great to see banks like CMB and SPDB bringing best-in-class enrollment experiences to their customers in China who are eager to shop overseas.
“As more merchants and issuers integrate Visa Checkout, the number of consumers seeing the benefit of a faster online checkout experience also grows. We’re starting to see the network effect kick-in.”
A host of new merchants across the US, Canada, Australia, and Colombia have also signed up for the new checkout service, which include Best Buy, Barnes & Noble, Event Cinemas, Grand & Toy, Archies, Agrocampo among others.
Visa Checkout facilitates online shopping by enabling consumers to securely store their shipping and payment information without having to re-enter the information ever while shopping online.
The service is currently available in 16 countries including Australia, Argentina, Brazil, Canada, Chile, China, Colombia, Hong Kong, Malaysia, Mexico, New Zealand, Peru, Singapore, South Africa, UAE, and the US.