PayPal has announced that its ‘One Touch for Web’ online payment application has expanded to the UK and Canada, following a successful launch in the US.
The service, which allows customers to checkout online using a single touch, was piloted as a smartphone widget and became web-based after a year.
Customers that sign up to the new payments method will be able to use a single login for the thousands of websites supported by PayPal and pay in ‘One Touch’ which PayPal says will enable “seamless and secure shopping.”
Merchants like Airbnb, Boxed, Jane.com, Lyft, Munchery, YPlan have used the app and this has led to an immediate increase in sales, average order values, customer adoption and loyalty, and companies have found a lower abandonment rate of baskets due to the swifter pay option.
Bill Ready, SVP and global head of merchants and next-gen commerce at PayPal says: “Enabling global commerce experiences that connect consumers and merchants in a seamless, secure way across devices, platforms and channels is at the core of everything we do.
“We will continue to introduce these consumer experiences to more countries this summer.”
It seems laptops are about to catch the biometric fever as PayPal, Intel, Lenovo and Synaptics are collaborating to introduce FIDO-enabled embedded fingerprint solution to PCs.
Mastercard is working with Stripe to expedite the payment process for American sellers on the latter's marketplaces using the instant payouts feature from Stripe.
Lloyds has launched biometric finger print authentication for mobile banking.
Barclaycard has partnered with Case Station, a company that makes personalised phone cases, to embed contactless technology in the latter's smartphone cases.