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One-click Payments: Convenience for the Consumer, Sales Increase for Merchant

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One-click Payments: Convenience for the Consumer, Sales Increase for Merchant
Reading Time: 3 minutes

 

Quick and convenient payments guarantee a marvelous shopping experience. 

 

Turning Users into Loyal Customers

Thanks to one-click payment technology, buyers benefit from not having to authenticate themselves within trusted and reliable online stores. This will save them valuable time while keeping them safe when shopping online.

 

Be with the Best 

The technology simplifies payment processing, adds to your sales and profits and helps to establish customer loyalty. The hassle of somewhat time-consuming customer registration and data entry when placing an order in an online store is reduced to a simple click. It is very much in demand and is found on well-known online marketplaces.

 

How It Works

One-click payment technology allows customers to make online purchases with a single click. Such purchases are only possible if customer information, delivery address, and desired payment method were entered in a previous purchase or during registration. The required payment information comes from the cardholder’s online account. This is a practical and convenient method of payment for registered regular clients.

Payment for subsequent purchases gets enabled after selecting an item by pressing a single button and without the necessity to enter card details again and again. In addition, collecting items to cart is also bypassed.

 

Advantages and Disadvantages of the Procedure

Advantages:

  • A client can save precious time
  • Customer loyalty gets higher
  • The buyer becomes more confident in his/her purchases

Disadvantages:

  • Customer trust is required
  • Fraud may occur

Why Exactly®

The exactly® payment system provides merchants with a secure and elegant way to reuse payment and customer data already processed for future purchases, thereby facilitating the entire checkout process with a single press of the button. It is the perfect choice for your business, projects, and profitability.

The system can increase your conversion rate, prevent fraud, and adopt innovative solutions applicable to your business model.

The one-click payment function with exactly® can be integrated into various CMS processes and merge with all major checkout solutions, whether you have a shopping cart or not. With support for around 150 currencies and payments in major currencies, your business can easily start trading in different markets around the world. Intuitive tools are available to customize features to your needs as well as track metrics and accounting at all times.

No standard pricing plans are available but a manual setup option for each vendor in a fully automated system. Different integration options will be offered for your site to best suit your niche positioning.

Low transaction costs and quick preparation and initiation of bulk payment campaigns are also available. This gives you flexibility in pricing.

 

Trading Account

The company’s merchant account is designed to receive multicurrency payments from its online stores within one business day. All transactions have a fixed commission. And currency conversions are processed without any additional fees.

Our experienced account managers will guide your business team through all the steps of creating and managing a trading account.

 

Security First with Sensitive Data

The exactly® payment system meets the highest security requirements to enhance the safety of online merchants and their customers. That’s why we offer tokenization, 3D Secure, and expert advice.

Convert your buyers’ sensitive card data during the first transaction with tokenization (data security) technology. The technology is used for processes where sensitive information is replaced with unique identifiers so that the data is preserved but without compromising its security. Re-entering all personal and card details for the payment process becomes unnecessary. The technology enables card-free and secure payments across all channels. Thanks to tokenization, there is no need to store sensitive information on your servers. All you need is integration with the payment system Exactly®, and we’ll take care of tokenization and token management with necessary payment methods.

3D Secure is the safety standard for online credit card and prepaid card payments, reducing the risk of misuse by third parties. A fully independent sequence helps to define the scope for 3D Secure checks and determine rules for valid and invalid requests.

We have the necessary anti-fraud tools that allow you to define your procedures according to your activity, buyer profile, and default rate. Our experts are available directly by telephone and e-mail. Our primary goal is to minimize your purchase abandonment rate and increase your conversion rate.

To activate and set up one-click payment on your website with the exactly® payment system, fill in the contact form and wait for our manager to call you. You will be advised in detail on how to use this tool most effectively in your business.

Our online commerce solution is designed to help your teams further develop your site.

 

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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