Payfone, a mobile commerce company, is launching 1 Touch Checkout, a new mobile commerce checkout solution that connects shopper’s mobile identities with their payment instruments (view press release). The solution is designed to give users a secure mobile commerce checkout experience. 1 Touch Checkout is a patent-pending solution that creates a streamlined mobile commerce checkout process by securely authenticating transactions through bank and carrier networks. A shopper’s identity is tied to a mobile phone number, to simplify the checkout process while adding security to mobile shopping.
Retailers can deploy the solution over their existing account structure, without the need for a new code or payment mark. While shoppers register through their mobile banking app, which then automatically links their billing and shipping information to the mobile phone identity so that purchases can be made.
CardinalCommerce has joined the Payfone Ecosystem as its channel partner and will roll out the solution to a network of merchants.
Whitepapers
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