Mon, Dec 23 2024
Mastercard and internet payment gateway Telr have launched a strategic alliance.
Through this partnership, Telr's wide merchant network will now have access to the cutting-edge digital checkout solution, Click to Pay, which aims to improve consumer happiness and speed up the purchase process.
Mastercard created Click to Pay, a simple and safe way to make payments that aims to increase customer trust and reduce cart abandonment. Click to Pay removes the need for clients to repeatedly enter their passwords or card details on subsequent transactions by allowing them to enroll only once. It is anticipated that this user-friendly strategy would boost conversion rates, promote repeat business, and eventually boost client loyalty.
Telr's founder and CEO, Khalil Alami, stated, "Payment innovation is being driven by the rapidly changing e-commerce sector and evolving expectations of consumers." The introduction of Click to Pay by Telr in collaboration with Mastercard demonstrates our dedication to improving the online buying experience.
"To empower our merchants in the digital era, we are committed to integrating cutting-edge payment trends, optimizing merchant processes, and fostering growth through technology and strategic partnerships."
"At Mastercard, we are committed to expanding the variety of innovative payment options available in the region," stated Gina Petersen-Skyrme, Country Manager, UAE & Oman, in response to this remark. We are excited to collaborate with Telr to offer Click to Pay, the upcoming e-commerce innovation that lessens the hassle of online checkouts, to its clientele. Through our partnership, we will be able to better people's lives while growing the footprint of digital payment acceptance.
Telr has led the way in the digital payments revolution since its founding in 2014 and provides reliable payment solutions in a variety of languages and currencies. Several payment options, the highest level of security features, and specialized solutions made to meet the particular requirements of companies operating in the digital age are all included in their extensive service suite.
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