Visa Checkout Gives Visa Toehold in Crowded Digital Payments Space
Posted in: UncategorizedVisa is retooling its efforts to prepare for the second wave of its Visa Checkout push following the initiative’s early success. The online-payment system has carved out a niche for Visa in the crowded digital payments space, despite growing competition from companies like MasterCard, PayPal and Google.
“When we looked at the world we just felt like we weren’t in the mobile ecommerce space the way we wanted to be,” said Chris Curtin, chief brand and innovation officer at Visa. “Now, we are literally everywhere,” he said, referencing the brand’s tagline: “Everywhere you want to be.”
Visa Checkout, which is available in the U.S., Australia and China, stores credit card and shipping information so customers can checkout across more than 125,000 retailers with a few clicks. “We’re trying to replicate the same ease that you would associate with Visa in the physical world in the virtual world,” said Mr. Curtin.