PayU India, a leading online and mobile payments company, has tied up with Goibibo to go live with PayU's 1 - Click Checkout and PCI DSS features. Goibibo thus becomes the first merchant to go live with these features, facilitating users with utmost convenience and simultaneously acting as a stimulus for the conversion rates.
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"In India, the general perception around online payments is that it's a horrifyingly-exasperatingly-lengthily-interrogational process, wherein the user is jogged from one window to other and in between he/she is expected to write a thesis on his/her card details. The conventional online payment procedure has at least 5 additional hops and that too on non-brand site. Before a confirmation arrives, the user is forced to go through myriads of confirmations and reconfirmations before the transaction is successful. We see significant amount of drop-offs at this stage.
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In a bid to transform the experience into a faster and smoother process we came out with our trail-blazing offering called ‘The PayU buying Experience' which is based on 1 click checkout technique & PCI DSS compliance. The intent was to take the wait out of the payments and letting the customers do, what they need to do in a faster and most simplest way," said Nitin Gupta, Country Head for PayU India.
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The solution uses an expensive hardware which encrypts the card details in most secure manner through a key management system. The end customer can learn more about the ultra security features of this solution on the merchant website and can go ahead to save his/her card information.
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The consumer gets the maximum benefit of 1 click checkout during the next purchase on the same website. When the user proceeds to make the payments next time, his/her card details are pre filled on the payments page. All the customer needs to do is just enter the CVV and 3D secure password and the purchase is done!Â
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