Telr taps Mastercard to boost e-commerce payments
By Gloria Methri
Telr, the online payment gateway, has teamed up with Mastercard to introduce its digital checkout solution, Click to Pay, across its merchant network in the UAE. Through this partnership, Telr aims to deploy cutting-edge payment technologies to enhance the customer experience.
Click to Pay is an innovative payment method powered by Mastercard designed to enhance customer confidence and reduce cart abandonment. It streamlines the purchasing process while upholding security standards.
Customers enroll only once, eliminating the need to enter card details or passwords for every online purchase repeatedly. This convenience fosters more frequent purchases, improves conversion rates, and boosts customer satisfaction.
The collaboration between Telr and Mastercard aims to transform the UAE’s e-commerce landscape, promising a seamless shopping experience, higher conversion rates, and reduced fraud.
Khalil Alami, Founder & CEO of Telr, said, “The evolving expectations of consumers and rapid changes in the e-commerce sector are driving payment innovation. Telr’s partnership with Mastercard to launch Click to Pay underscores our commitment to enhancing the e-commerce journey and optimizing the shopping experience.”
He added, “We are dedicated to integrating cutting-edge payment trends, streamlining merchant processes, and fostering growth through technology and strategic partnerships to empower our merchants in the digital era.”
Gina Petersen-Skyrme, Country Manager, UAE & Oman at Mastercard, said, “At Mastercard, we are committed to expanding the variety of innovative payment options available in the region. We are delighted to join forces with Telr to bring Click to Pay, the next generation of e-commerce technology that helps remove online checkout friction, to its customers. The collaboration will enable us to expand our digital payment acceptance footprint while improving people’s lives.”
Telr’s mission is to revolutionize e-commerce by facilitating seamless cashless transactions and advancing digital payments in 120 currencies and 30 languages. Since 2014, the company has empowered businesses globally with comprehensive services, including diverse payment methods, state-of-the-art security, and tailored solutions.
IBSi Daily News Analysis
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage
Other Related News
September 09, 2024