Investing.com
Published Apr 04, 2024 21:26
In early phases of the partnership, Skipify customers in a growing list of global markets will be able to link Visa Click to Pay cards with their Skipify Connected Wallet. Skipify's next-gen digital wallet is embedded by merchants to help ease the challenges of checkout commonly experienced by shoppers and increase the rate of conversion. Once enabled, the direct connection means that Skipify's identity-powered wallet will be able to recognize participating Visa Click to Pay cardholders on a merchant's website, surfacing available cards more seamlessly. The integration utilizes advanced Visa network tokenization technology to help minimize the risk of fraud and provide a more secure payment environment, helping to allow merchants to offer a more frictionless checkout experience without increasing exposure to fraud risk.
The participation also allows Skipify to significantly expand its reach and offer its innovative payment solutions to a broader audience than ever before.
"We're empowering merchants with an unparalleled checkout experience," said Ryth Martin, Founder and CEO of Skipify. "Merchants can authorize more shoppers automatically, drive revenue, and ultimately earn more shopper lifetime value. We are proud to deliver this level of impact with Visa by our side."
Skipify's partnership with Visa reinforces a commitment to advancing the future of commerce through innovation and collaboration.
"We're empowering businesses with convenient and secure ways to accept payments, giving them the opportunity to enrich consumer experiences and get even closer to their shoppers," said
Skipify and Visa will share the stage in a keynote session at New York Fintech Week on
About Visa Inc (NYSE:V).
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.
About Skipify
Skipify is a fintech company based in
Skipify is backed by some of the world's leading fintech and commerce enablement investors, including Samsung (KS:005930) NEXT, Amex Ventures, Synchrony Ventures, Okta (NASDAQ:OKTA) Ventures, Point72, Flourish Ventures, Infinity Ventures, PayPal (NASDAQ:PYPL) Ventures, Vinyl, Worldpay, and BDT & MSD Partners. Through its checkout and digital wallet product offerings, Skipify is building a network across merchants and financial partners that helps the entire ecosystem win. For more information, visit www.skipify.com.
Media Contacts
ashley.kiolbasa@skipify.com
Written By: Investing.com
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