Mastercard, Visa introduces 'Click to Pay' online checkout in Canada

Embed from Getty Images 

Mastercard, Visa, and American Express are working together to bring its "Click to Pay" online checkout to Canada and other countries for a more straightforward online checkout experience. Aside from simplicity, it secures online transactions across the web and mobile sites by taking out the time-consuming entry of personal account numbers and information. The feature is meant to mirror the checkout process in physical stores where a single terminal accepts different cards.

With the increase of e-commerce activity, Click to Pay hopes to offer a consistent online experience through all types of digital channels. The press release didn't state when it will be available, but the companies said they started technical preparations for its launch.

Visa-powered NFC Ring now available for pre-order

Charles Sykes/AP Images for Visa

The NFC Ring, a Visa-powered payment ring, is making its way out of the Olympics and into the hands of the public. The ring, which was used by some of the athletes at the Rio Olympics is now up for pre-order. This accessory gives its users a more convenient way to pay for things at stores. Since the Olympians were inspired by the creation of the NFC Ring, it’s built to be water resistant for up to 50 meters and doesn’t need charging. It draws a bit of power from the payment terminal, just enough to make the transaction. The ring is available for £39.99 (roughly $60 CAD) and is expected to ship by December 2016.

Source: Engadget