Visa Attempts to Streamline Mobile Online Purchases
Visa today announced Visa Checkout, a service that speeds up the process of buying items on the web, especially from mobile devices. Using Visa Checkout, a user simply enters a Visa username and password, replacing the longer process of entering payment, shipping, billing, and contact information. Users must first create a Visa Checkout account with Visa. When purchasing online, users will see a Visa Checkout button on the shopping cart page.
Android Pay to Support Payments via Google Assistant
Google this week rolled out the Google Payment API, a new set of capabilities that will allow anyone to make in-app or online payments with any debit or credit card associated with their Google account. Google says this option will simplify the process for people to checkout and make purchases online, as it negates the need to fill out cumbersome purchasing forms.
Visa to Use Phone Location to Verify Card Purchases
Visa says it is offering banks a new smartphone-based tool that will cut down on the number of declined transactions when people use their credit cards abroad. The service, called Mobile Location Confirmation, is opt-in and uses phone location to verify the cardholder's presence at or near the point of sale.
Visa to Put a Credit Card in Everything
Visa today announced Visa Cloud Payment Solutions, a tool that device makers can use to add mobile payments capabilities to their hardware. Visa claims the Cloud Payment Solution will reduce fraud because it replaces the standard 16-digit credit card number with a digital token.
Small Company Takes Apple to Court Over Apple Pay Patents
Universal Secure Registry, a small firm from Boston, has filed a patent complaint against Apple and Visa over the technology used to create Apple Pay. According to the lawsuit, Kenneth P.