Alternative Payment Solution: Visa Checkout

Summary

Visa Checkout is an online payment solution developed by Visa. Launched in 2014, it replaced the V.me digital wallet solution launched in 2012. It allows users to store multiple card details and billing addresses for faster checkout. Once details are saved, it skips the process of entering card and shipping details for all future payments.

Visa Checkout works on all web-enabled devices including desktop, mobile phones, and tablets. It is currently supported by more than 0.3 million merchants globally, with more joining each month. Since no extra charges are associated with Visa Checkout in addition to regular interchange fees, it provides significant incentive to merchants to facilitate transactions with this solution.

Visa Checkout supports all major payment schemes - Visa, Mastercard, American Express, and Discover - and is supported by more than 1,500 financial institutions globally. In the US, it has collaborated with all major banks including Bank of America, Capital One, Chase, BB&T, US Bank, and Wells Fargo.

Launched in the US, Canada, and Australia, it is now available in 28 other countries: Argentina, Brazil, Chile, China, Colombia, France, Hong Kong, India, Ireland, Japan, Kuwait, Malaysia, Mexico, New Zealand, Qatar, Peru, Poland, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Taiwan, Thailand, Ukraine, the UAE, and the UK.

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The report provides information and insights into alternative payment solution Visa Checkout, including -
- Detailed insight into its business and geographical presence
- Comprehensive coverage of its products and services
- Comparative assessment with key alternative payment solutions
- Information on its performance
- The company's important events and milestones.

Scope

- Visa Checkout is an online payment solution developed by Visa. Launched in 2014, it replaced the V.me digital wallet solution launched in 2012.
- In September 2016, Visa Checkout partnered with PayPal’s Braintree, allowing Braintree merchants to accept payments via Visa Checkout.
- In March 2017, Visa Checkout collaborated with Samsung Pay, enabling Visa Checkout payments using Samsung Pay.
- As of July 2017, Visa Checkout has global presence in 31 countries.

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Reasons to buy
- Gain insights into Visa Checkout's business operations, geographical presence and key events.
- Gain insights into its product portfolio and working process.
- Assess the competitive dynamics in the alternative payments industry by comparing its performance against competitors.

Companies Mentioned:

Samsung Pay
PayPal
Mastercard
Android Pay
American Express
Bank of America
Capital One
Chase
BB&T
US Bank
Wells Fargo
Visa

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