Android launch the first application credit card billing

Android launch the first application credit card billing

According to foreign media reports, Citi supports Single-Click Checkout (singleclickcheckout.com) service today in San Francisco Open Mobile Summit (Open Mobile Summit) on the launch, it is The first credit card designed for the Android checkout applications. With this new service, businesses can accept credit card from any mobile user payment.

Using this service, users need to create a new account (new user name and password), you can use the existing MasterCard, Visa, Discover and American Express credit card transactions and other companies.

Users use the application, the phone will appear on a pop-up window, the entire checkout process is carried out in this window. Unlike rival PayPal, the service is not the login process, so users do not have to enter a user name and password you can use. However, only Single Click authenticated using proprietary technology to use this particular mobile phone service.

A major function of the new system, users can cross-business payments. Single Click's leading payment gateway and technology cooperation, can handle more than 150 currencies.

CEO Andy Kleitsch, said the design of the application is also very important, because users need to know before and after the checkout process in the state, while the pop-up window designed to help do this. Users click on the "buy", will be able to handle the entire pop-up window checkout process.

The service in the testing process demonstrated a high conversion rate. The first attempt in the user Single-Click, the conversion rate of 20%, far higher than the current average of 3.4%. The user after the completion of the first transaction, the conversion rate reached about 72.4%.

Because operators do not rake from the revenue, so in each transaction, merchants paid a higher percentage of the amount. Associated processing costs per transaction just for 0.05-0.10 dollars.

Android developers can only use 4 lines of code to put the Single-Click integrated in one application.

Source from:http://www.technobuffalo.com/lassiewood/2010/11/09/android-launch-the-first-application-credit-card-billing/

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