With the rapid shift to digital commerce, Mastercard is bringing the next generation of seamless payments to the Asia Pacific with an online checkout solution that eliminates passwords, protects data with smart security and makes transactions easy with just a few clicks.

Mastercard is broadening the reach of its Click to Pay online checkout solution as part of a global expansion with American Express, Discover and Visa.

Based on the EMV Secure Remote Commerce industry standard, Click to Pay delivers streamlined payments across any digital checkout environment or network.

“Simplicity and security are at the heart of Click to Pay. Rather than having to key in account numbers and personal information every time, people simply click to make online purchases safely and quickly on websites, mobile apps or connected devices,” Mastercard Asia Pacific senior vice president – acceptance product manager, Tim Fletcher said.

“For merchants, Click to Pay drives customer satisfaction and loyalty with a simpler, smoother digital checkout experience that lowers shopping cart abandonment and offers people the choice of paying with various card brands. The intelligent authentication helps to distinguish customers at checkout, reducing fraud and false declines.”

Mastercard, alongside American Express, Discover and Visa, announced Click to Pay in the United States in October 2019. Since then, more than 10,000 merchants have enabled the universal digital checkout solution.

In Asia Pacific, the Click to Pay expansion includes technical preparations in Australia, Hong Kong, Malaysia, New Zealand and Singapore, with others to follow. To expand acceptance beyond existing merchants, Mastercard is working with payments service providers, gateways and acquirers across the ecosystem to prepare for a streamlined online checkout that supports all participating networks.

Mastercard’s recent SpendingPulse survey and worldwide consumer survey suggest that large numbers of Asia Pacific consumers plan to make more purchases online and think less in-store shopping is here to stay. At the same time, they are using less cash and see the shift to touch-free payments as a lasting trend.

“Mastercard’s digital mission started long before COVID-19 to deliver a range of fast, frictionless and secure payment options to consumers and merchants. Now that shopping habits are shifting online so strongly, the expansion of Click to Pay is the next step in Mastercard’s commitment to offering the best digital experience everywhere and in every way,” Fletcher added.