Visa Checkout Expands Presence Across Top Travel, Tourism and Fashion Sites
Team Visa Olympic Gold Medalist David Wise Appears at Shoptalk 2016
"The entire retail industry is changing – and we're partnering with Visa to ensure we are offering the best payment options for our customers," said
A common challenge among online retailers, consumers often put items in their carts, but ultimately abandon purchases because paying online, particularly on mobile devices, is too complex. Visa Checkout was designed specifically to solve this conversion issue, by enabling payments in just a few clicks. A recent comScore study found that Visa Checkout has a 51 percent higher conversion rate among enrolled Visa Checkout customers when compared to customers using a merchant's traditional online checkout. This means that shoppers who start a checkout process are more likely to complete it, when using Visa Checkout. In fact, according to the comScore study, enrolled Visa Checkout customers completed 86 percent of transactions from their online shopping cart.
"Visa Checkout is how we've reengineered the card that people already know and love to work as well online and on mobile devices as it does today in physical stores," said
Partners see results from Visa Checkout
"Visa Checkout has helped simplify the payment experience for our current customers while driving thousands of new customers to HSN," said Ryan Ross, executive vice president of marketing and digital commerce for HSN. "Checkout is a win for HSN and for our customers and we look forward to continuing to build upon the strong partnership of digital payment innovation that we have established with Visa."
"Wyndham Rewards is the world's simplest and most generous hotel loyalty program, so it's a natural fit for us to be the first hotel group providing our millions of loyal members a simpler, easier way to book via Visa Checkout and our Wyndham Rewards app,"
Visa Checkout is also expanding its engagement with financial institutions.
Growth of Visa Checkout
One of the fastest-growing consumer products in the company's history, Visa Checkout now has more than 12 million consumer accounts. Hundreds of thousands of merchants and more than 675 financial institution partners now offer Visa Checkout in 16 countries around the world; expansion into five additional European countries and
Visa Checkout merchants represent some of the world's biggest retailers including
Visa at Shoptalk 2016
Visa Checkout hosted the
View source version on businesswire.com: https://www.businesswire.com/news/home/20160517005712/en/
Caroline Capers, 415-805-5978
Sheerin Salimi, 415-805-5923