Computop Introduces New Credit Card Wallet with Visa Click to Pay


Bamberg, Germany – March 11 2021 – Computop, a leading global payment processor, has today announced that it is making the Click to Pay with Visa e-wallet available to retailers in Germany and Europe following its successful launch in the US last year.

Once registered in the wallet, customers can pay immediately with their credit card without entering any further data. This will enable much simpler online transactions, facilitated by Computop transferring card data in the background, while the invoice and shipping address are transferred automatically.

A Visa Token is used to ensure the security of customer data. All card features are encrypted for each transaction and transmitted with a cryptogram. This procedure also impacts positively on the transaction risk analysis, which helps to avoid the inconvenience of separate authentication of the cardholder in accordance with the PSD2 regulation. For retailers the benefit is an increase in conversion rates at the checkout and prevention of purchase cancellations.

Click to Pay with Visa follows the EMVCo Secure Remote Commerce Standard and will, therefore, be open for further international payment options.

Stephan Kück, CEO at Computop, said: "Computop and Visa have been working together intensively for over 20 years to promote debit and credit cards in online commerce. We are delighted to introduce Click to Pay, the most secure and convenient standard of its time, to German e-commerce."
Volker Koppe, Head of Digital, Central Europe at Visa said, "At Visa, we are delighted to have a strong partner like Computop on our side and to work together on innovations to make the payment landscape more digital. With Click to Pay, we are launching a new contemporary product that makes the online payment process simple, seamless and secure. For many retailers, establishing an online presence is a matter of survival at the moment - a simple payment process is an essential factor for a successful purchase."

 

More information
Computop product page: Click to Pay with Visa
Payment Insights article: Click to Pay - The digital card wallet

 

About Visa

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of digital commerce on any device, for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, For more information, please visit our website (www.visaeurope.com), the Visa Blog and @VisaNewsEurope.

About Computop

As one of the very first payment service providers, Computop offers its customers around the world local and innovative omnichannel solutions for payment processing and fraud prevention. The internally developed Computop Paygate payment platform enables seamless integrated payment processes for e-commerce, at POS and on mobile devices. Retailers and service providers have the flexibility and freedom to choose from over 350 payment methods enabling them to specifically tailor their payment options per country. Technologies such as biometric authentication and self-learning algorithms improve security and convenience for retailers and consumers alike.

Computop, a global player with its head office in Germany and locations in China, England and the USA, has been servicing large international companies in the service, retail, mobility, gaming and travel industries for more than 20 years. These companies include global brands such as Amway, C&A, Fossil, the entire Otto Group, Sixt, Swarovski and Wargaming. Computop also provides its payment system to banks and financial service providers as a white-label solution. In total, the certified carbon-neutral company processes commercial payment transactions with a combined value of USD 35 billion annually in 127 currencies. With its individual and secure solutions, Computop makes a major contribution to the future of international payment processing.

Press contact

Jessica Mularczyk
Ascendant Communications for Computop

T  +1-508-498-9300
E   jmularczyk@ascendcomms.net
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