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Cardstream partners with Mastercard to launch Click to Pay service globally

Cardstream partners with Mastercard to launch Click to Pay service globally


Leading financial services company Cardstream has partnered with Mastercard to introduce the Click to Pay service to its global customer base. This innovative service offers merchants an embedded and optimized checkout process, eliminating the need for manual card detail entry and enhancing the guest checkout experience. Consumers can now store and manage their cards in a single, automatically updated profile, reducing checkout times by 50% and increasing acceptance rates by up to 3%.


Adam Sharpe, CEO at Cardstream, highlighted that this collaboration provides their customers with a competitive edge by simplifying card access across different devices without the need for passwords. Suren Nawalkar, Senior Vice President for Business Development at Mastercard, emphasized the convenience of Click to Pay for online shoppers who frequently use guest checkouts.


This partnership represents another milestone for Cardstream, following its successful launch of PayFac as a Service (PFaaS) last year. With continuous year-on-year revenue growth, Cardstream anticipates a record-breaking increase in 2024.


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