Bemobi, leader in payment solutions for recurring essential services, announces the launch of the Click to Pay feature in its digital payment solutions. The novelty arrives on the market in partnership with Mastercard, leading technology company in payment methods in Brazil, providing a more streamlined payment experience, safe and convenient, and allowing users to make transactions with few clicks and without friction. The functionality will initially accept credit cards and, in a second phase, will include the debit card
Click to Pay is a solution developed to simplify the checkout process, eliminating the need to manually enter credit card information with each purchase, debit or prepaid, and of repetitive processes for user validation. The solution provides greater security through tokenization technology, that replaces the 16 digits of a card with a unique alternative number, known as "token". Each token is unique to each device, shopping site or app, creating additional layers of protection. In this way, the adoption of Click to Pay contributes to the increase in bank approval rates and to the significant reduction of frauds
With the new partnership, Bemobi integrated this technology into its Smart Checkout, what, currently, it is already used in various companies providing essential recurring services, including all the major telecom operators in Brazil, how I live, TIM and Claro, some of the largest companies in the utilities sector, like Energisa and Equatorial, education sector companies, like the Salta Group, in addition to various internet providers.
"The mission of Bemobi is to make payments simpler and more accessible", and Click to Pay represents a significant advance in this goal. With this functionality, users will have one more secure option for the card registration journey, says Felipe Goldin, CTO/CPO da Bemobi.
Annually, the payment platform of Bemobi already processes a payment volume (TPV) of over 8,0 billion reais.The potential payment volume (TPV) of Bemobi's clients already exceeds 200 billion reais per year in sectors that generate more than 500 billion reais in recurring services just in Brazil
Click to Pay offers a simple and convenient solution, at the same time it provides the high standard of security that consumers expect from a brand like Mastercard. We are excited to collaborate with Bemobi to bring this technology not only to Brazilian consumers, but also for driving and strengthening the digital transformation of financial services, providing a faster and more secure payment experience throughout the customer journey, affirms Leonardo Linares, Senior Vice President of Customer Solutions at Mastercard Brazil
By the end of the decade, Mastercard aims to eliminate the need for manual entry of card details and the use of temporary or static passwords in online commerce. The Click to Pay, that has tokenization as its basis, it is one of the technologies that simplifies the payment experience for consumers and increases security in digital transactions
