Judopay and Visa’s CyberSource partner to bring in-app payments to merchants globally
- In-app payments forecast to be worth $1.2 trillion across North America and Europe by 2020¹
- Businesses in 190 countries now offered rapid, simple mobile payments integration whilst retaining acquiring bank
Judopay, the m-commerce payments platform today announced a partnership with Visa to utilise the CyberSource payment management solution to offer consumers a more seamless digital payment experience, and greater choice in how they pay in mobile—via payment cards, card-on-file, wallets and at the point-of-sale.
Judopay provides merchants with a fast, simple way to accept in-app payments by offering development teams the flexibility to integrate in-app mobile payments technology with as little as three lines of code, whilst retaining their existing acquiring bank relationship. The partnership provides Judopay with extensibility to broaden its reach and offer in-app payments on a global scale using CyberSource’s payment management platform. The companies are working collaboratively to help accelerate the adoption of safe, reliable and convenient mobile payments for consumers and merchants—and help drive increased sales through simplicity and convenience.
The partnership comes at a time when mobile payments are predicted to grow twice as fast as traditional e-commerce², driven by consumer demand for anytime, anywhere, everywhere experiences through mobile and app adoption. Judopay’s slick interface and frictionless checkout experience helps increase conversion rates and revenues, whilst also helping protect against mobile fraud as businesses expand into new markets.
Ryan Farley, CEO at Judopay, said, “We’re seeing that, for brands around the globe, great apps are at the centre of growth. The CyberSource partnership means we can support new and existing customers in their rapid expansion worldwide, whether in London, Rio, New York, Paris or Dubai. We take a pride in partnering with our customers to provide the best service and growth opportunity with cutting edge technology.”
Neil Caldwell, Vice President, CyberSource Europe, at Visa, said, “Deep partnerships are at the core of all we do at CyberSource. Whilst the ability to respond to evolving buying behaviours and embrace digital change, is front of mind for today’s business leaders—who are operating in increasingly competitive times. Judopay is a key partner in helping enable businesses to execute a mobile strategy, and help support wider initiatives.”
Security is at the heart of what we do at Judopay and as a result, we ensure we’re always staying on top of the latest industry-wide security updates & changes, like PCI.
What is happening?
As you may be aware by now the PCI Security Council released the PCI-DSS 3.1. The main change related to the deprecating of TLS 1.0 & SSL 3.0 as recognised secure protocols. As stated in our previous emails this means that there are a few mandatory updates you need to be aware of.
From October 20th any connection (App/Web/API) to Judopay that is not using the following will not be able to process live transactions. read more
‘Aaarghh – why are they asking me for all this, all I want is to pay!’
I am often heard growling something along those lines (swearing omitted), when I try to complete a payment from my phone.
As the UX lead at Judopay, when faced with poor checkout experiences – that, I some years ago might have accepted as the painful way of things – now invoke similar reactions in me as when my older relatives are having ‘computer problems’, blood pressure included. read more
After launching in the US last year, Android Pay™ is finally coming to the UK. It has enormous potential to make 2016 a very significant year for mobile payments. Android has a 51.9 %* market share in the UK which means millions of Android users will now be able to pay for things quickly and securely with just a single tap, whether in-store or in-app.
As an app developer or retailer – you have the sweetest opportunity to engage, and sell – to your loyal customer base in the coming months. Furthermore, this is the time of year to attract and retain new customers with great offers during a time of commercial frenzy.
Experts have predicted that the frenzy of Black Friday can ‘lead to the first £1bn online shopping day in the UK’. A recent survey also suggested that many shoppers have been put off by the frantic in-store shopping experience, and hence ‘only 38 per cent of Britons plan to hit the shops on Black Friday as opposed to 44 per cent last year’.
To help you get ready for the impending holiday season, we have pulled together some tips to make sure your mobile app is prepared when shoppers arrive looking for holiday deals.
Mobile now accounts for more than a quarter of all e-commerce transactions globally, and that number is increasing rapidly as our shopping behaviour continues to shift towards mobile first. The speed of commerce growth on mobile channels is now 3 times faster than on traditional e-commerce channels. UK commuters are already spending £9.3bn a year on the supercomputers in their pockets. We are increasingly trained to expect the purchasing experience on mobile to not only be easy but also fast. Which is why an overwhelming 69% of consumers would abandon a purchase if the checkout process within an app or website is not optimised for mobile devices.
Why is it then, that most of the top 100 retailers in the UK are still failing to offer customers a quick and seamless native mobile checkout experience?
As consumers’ interest and excitement for Apple Pay escalate throughout this month, there are certain things that merchants should be prepped for before its arrival.
For example, if a customer purchase something from you via Apple Pay, how exactly do you process a return if needed? No idea? I’ve done a little digging and this is what I found on Apple’s support page: read more
What is Apple Pay?
Apple Pay is an easy, secure, private way for customers to pay while they’re dining in or ordering through an app. It is currently available on devices that has a secure element chip, which is a hardware chip dedicated to securely storing card information. These devices include iPhone 6, 6 Plus, iPad Air 2, iPad mini 3, and the Apple Watch (when paired with an iPhone 5 or 6)
Since the announcement of Apple Pay‘s inevitable expansion to the UK, many commentators has been speculating the impact it will have on in-store retail. Will consumers and merchants jump quickly on-board with the service? Will it really make paying for goods and services easier at a physical location?
What we haven’t talked enough about is the impact it will have on paying for goods and services within an app. Think about it, the next time you want to splurge on a nice sofa for your living room, you can simply use Apple Pay to complete checkout in just 1 step. No more account setup. No more lengthy forms for billing and shipping information. No more time to abandon a purchase before checkout is complete.
This article in UK’s Business Insider explores why being able to pay for goods and services in-app with one touch is truly where Apple Pay shines.
17 June, London 2015 – Judo Payments, Europe’s only mobile-first payments platform, today announces its partnership with Pennies, the digital charity box. Pennies is a micro-donation charity which created the digital charity box to give people the opportunity to donate a few pence to charity when paying for goods and services by card, whether in-store, online or via mobile. To date Pennies has raised over £4m for UK based charities.
Working with Judo, Pennies is set to continue harnessing the rapid consumer adoption of mobile and bring further advocacy to mobile channels. By enabling the digital charity box with its payments platform, Judo will be giving even more people the chance to make micro-donations simply, quickly and securely. If all UK cardholders donated 30p to charity each month this way, the amount raised would exceed £150m each year.