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
Security is at the heart of what we do here at judo, and to ensure that our platform and services are adhering to the latest security standards laid out by the PCI council (PCI DSS 3.1), we have made some updates to our API and SDKs.
These updates mean that we will be ending support for TLS 1.0 and below on 20th October 2016. After that date, any API requests or dashboard sessions will need to use either TLS 1.1 or TLS 1.2. (However, while not being immediately phased out, TLS 1.1’s days are numbered as well, so we would highly recommend an upgrade to TLS 1.2.)
As Tim Cook said, 2015 will be ‘the year of Apple Pay’. So let have a quick look at how Apple Pay has been doing since its launch. Here are some stats and facts about Apple Pay, from support from banks to consumers adoption.
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.
Never before has buying goods and services using your mobile device been easier or more secure.
Apple confirmed earlier today the much anticipated geographic expansion of Apple Pay to include consumers and businesses based in the U.K. Launching in July with over 250,000 merchants and many of the banks that issue debit and credit cards to UK consumers, the service looks ready to kick off with a big impact.
Late last week, Google held its annual developer conference, dubbed I/O 15, where the data-obsessed tech giant unveiled the much expected Android Pay. In short, Google has matched the offering of Apple Pay™ allowing consumers to pay easily and securely both in store (using NFC) and in-app (using fingerprint authentication). Android Pay was first unveiled at Mobile World Congress in March following the acquisition of Softcard from a consortium of US TelCo operators.
Since Tim Cook’s announcement in September last year, Apple Pay has been the hot topic in payments and tech industry conversations. Apple’s answer to mobile payments caused much speculation on how it will change the payments industry. While Apple Pay is not exactly disruptive or innovative (it uses pre-existing technology), it will accelerate the rapid change in consumers’ behaviour and increase mobile commerce adoption.
We’re now at the end of the 8th month after its announcement, how is Apple Pay faring so far? Let’s have a quick look.