Visa is transitioning Visa Checkout merchants to its SRC product next week - Business Insider

developed by EMVCo, will accept credit and debit cards from American Express, Discover, JCB, Mastercard, UnionPay, and Visa, for online merchants, bringing standardization to the space. has the potential to streamline guest checkout for consumers, but only if it becomes widely available:

The buy button allows consumers to quickly check out with any of their cards, which could limit online cart abandonment. Once consumers sign up for an account and enter their payment and shipping information, which can include multiple cards and addresses, they'll be able to quickly check out with any merchant that features the button because they won't need to input their information a second time.

Previously, many companies offered their own buy button to provide this value, but the new buy button could perform better because it should be more widely available. Many of the participating card networks, PayPal, Walmart, and others, have offered their own buy buttons. But because there are so many buy buttons out there, they're not all available at each merchant, limiting the value of the simplified checkout process.

The importance of merchant acceptance makes the successful transition of Visa Checkout merchants vital to the new buy button's success.

, Business Insider Intelligence's expert product suite keeping you up-to-date on the people, technologies, trends, and companies shaping the future of consumerism, delivered to your inbox 6x a week. >>

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How Microsoft's next Xbox plans to end the console wars with Sony - Business InsiderWith the next Xbox, Microsoft is intentionally moving away from the traditional head-to-head console wars with Sony's PlayStation. DrakeDuncan7
Source: BusinessInsider - 🏆 729. / 51 Read more »

Mercedes-Benz Sprinter van for family called Next Gen - Business InsiderThis custom tiny home on wheels was built inside Mercedes-Benz Sprinter van and designed to be lightweight with cot beds — see inside e_s_q Looks like a great road trip vehicle!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Here's what you need to know in advertising and media this week - Business InsiderTime wants to be a billion-dollar media company, Casper is the latest direct-to-consumer brand to IPO, and how much influencers make from YouTube ads.
Source: BusinessInsider - 🏆 729. / 51 Read more »

YouTube child content policy change hurting creator revenue: Yoola CEO - Business InsiderYoola CEO Eyal Baumel told Business Insider that while he lauds the idea of YouTube doing more for kids, as it stands, it's bad for business.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Autonomous Taco Trucks? Meet The Small Business With A Big Vision For MobilityAutonomous taco trucks? Meet the small business with a big vision for mobility paid TMobileBusiness TMobileBusiness And very soon Hovering Smartphone cases for a Hands-Free smartphone experience! Talk, take pics and vids without touching your phone! A Selfie Stick without the stick! Now in development from LeshTronix Corp! Recently launched on Indiegogo TMobileBusiness Taconator
Source: Forbes - 🏆 394. / 53 Read more »

UK government fails to answer urgent Brexit questions from businesses - Business InsiderExclusive: The UK logistics industry submitted 31 urgent questions to the government last month and received no answers.
Source: BusinessInsider - 🏆 729. / 51 Read more »