Checkout on First Time Visit
Online merchants can easily add a bank direct payment option to their checkout page. Shoppers can now purchase with a single click, even when not being a registered customer. Authorisation occurs through the Token app and no user credentials, or other sensitive data is ever stored by the merchant.
Powered by smart tokenisation
The merchant onboards the Token network and adds the Token Quick Checkout button to the checkout page. This is typically done by copy, editing and pasting a few lines of html code.
Payments are authorised using smart tokens. When a customer clicks to purchase, the merchant presents the customer (through the Token mobile app) with a request for a smart token. The customer approves the request and a smart token is generated with terms and conditions specific to the purchase. The merchant then presents the smart token to the customer’s bank (via the Token network) and requests to be paid. This initiates a payment from the customer’s bank to the merchant’s bank using the underlying push payment rail (e.g. FPS in the U.K., or SCT in the EU).
Onboard as a Token merchant
Integrate with your payment gateway
Schedule a personal demo
One of our friendly staff members will schedule a demonstration with you immediately.