Mastercard and PrestaShop team to deploy Click to Pay in Europe
By Gloria Methri
PrestaShop, a specialist in e-commerce solutions, has teamed up with Mastercard to introduce Click to Pay, a payment solution designed to simplify and enhance the online payment experience for consumers across Europe.
Click to Pay offers a seamless payment experience, enabling consumers to use their payment cards without entering their card details or remembering a password manually. All payment information is securely centralized in a single profile, facilitating easier management of payment methods.
Click to Pay is based on EMVCo standards, supported by all major bank card networks, and aims to facilitate international interoperability and the acceptance of secure payments. This solution not only optimizes user experience by reducing cart abandonment but also enhances transaction security through “tokenization.”
In the context of payments, tokenization transforms sensitive card details into a non-sensitive set of characters known as a “token.” This process ensures that personal information is never exposed during transactions.
“With Click to Pay, we are delivering a tangible response to consumer and merchant demands for faster and safer transactions. This technology represents a significant step forward in the future of digital payments, where efficiency and security go hand in hand,” said Valerie Nowak, Executive Vice President of Product and Innovation at Mastercard Europe.
“We are proud to enable our merchants to benefit from Click to Pay, a technology that represents the future of online transactions. Our partnership with Mastercard reflects our joint commitment to innovate and continually enhance the experience for both merchants and consumers,” added Eric Senechal, Managing Director of PrestaShop.
Merchants based in France, Spain, Italy, and the United Kingdom who utilize the PrestaShop platform will be the first to have access to integrate Click to Pay. This functionality will subsequently be extended progressively to other European and international markets.
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