04.04.2024 15:30:21 - dpa-AFX: Skipify In Partnership With Visa To Extend Reach And Capabilities Of Skipify's Connected Wallet

SAN FRANCISCO (dpa-AFX) - Fintech company Skipify announced Thursday its
partnership with payments technology company Visa, Inc. (V) through the Visa
Digital Commerce Program in its bid to reinvent the way consumers transact,
leveraging cutting-edge technologies to simplify and accelerate the payment
process.

By combining Visa's extensive digital payments expertise with Skipify's
next-generation digital wallet, Skipify is poised to deliver unparalleled
convenience and security to consumers at checkout.

In early phases of the partnership, Skipify customers in a growing list of
global markets will be able to link Visa Click to Pay cards with their Skipify
Connected Wallet.

Once enabled, the direct connection means that Skipify's identity-powered wallet
will be able to recognize participating Visa Click to Pay cardholders on a
merchant's website, surfacing available cards more seamlessly.

The integration utilizes advanced Visa network tokenization technology to help
minimize the risk of fraud and provide a more secure payment environment,
helping to allow merchants to offer a more frictionless checkout experience
without increasing exposure to fraud risk.

The participation also allows Skipify to significantly expand its reach and
offer its innovative payment solutions to a broader audience than ever before.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
VISA A0NC7B NYSE 272,245 29.04.24 20:26:35 -2,275 -0,83% 272,230 272,290 272,320 274,520

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