Digital-Payments-as-a-Service (DPaaS) provider becomes early adopter of convenient and secure checkouts for business customers.
May 18, 2022 – B2B payments specialist, Adflex, today announced the release of Click to Pay to its merchants, expanding the company’s partnership with Mastercard. This offers buyers an optimal checkout experience through a dynamic payment platform designed to increase transactions and reduce fraud with a single integration.
Intelligent customer recognition puts preferred cards at their fingertips, while still applying the highest levels of security to merchants’ checkout on every device.
Adflex’s merchant customers can now use the platform to simplify digital eCommerce transactions, encouraging faster payments and bolstering buyer-supplier relationships throughout the supply chain.
“Digital payments are driving business growth, with global eCommerce sales expected to top $7 trillion by 2025,” said Adflex CEO, Pat Bermingham. “As an early adopter of Click to Pay, merchants using Adflex’s PayPage or Payment Links services can now enjoy a simpler and highly secure checkout experience.
Removing unnecessary steps, such as repeated data entry, makes it easier for buyers to pay and merchants to be paid quickly.”
Click to Pay leverages device, IP, browser and location data to enable the secure storage of sensitive authentication details, bypassing the need for returning customers to enter passwords and re-enter card details.
Click to Pay uses two-factor authentication to ensure compliance with SCA (Strong Customer Authentication) regulation and reduces a merchant’s PCI scope, as details are entered by the customer and tokenized.
Largely due to the complex nature of B2B payments, Click to Pay has primarily been adopted by business-to-consumer (B2C) merchants so far. However, with over 20 years’ experience in B2B payments, Adflex is able to integrate the service into its commercial customers’ website or allow them to accept SRC (Secure Remote Commerce) payments.
Companies are increasingly using these smoother digital payments processes to establish and grow trusted supplier relationships.
Scott Abrahams, Senior Vice President, Business Development, Mastercard UK & Ireland commented: “Payments are the lifeblood of business, so we’re pleased to expand our partnership with Adflex, supporting more customers with advanced, secure payment technology. Click to Pay is the better way to pay online, providing security, convenience and control for the end user, enabling checkout completion in just a few clicks.”
Learn more about Adflex’s specialist services for B2B merchants here.
About Adflex
Adflex creates unique value in the global B2B supply chain by delivering fast and cost-effective digital payments integration.
Through its specialist consultancy and stakeholder agnostic digital payments platform, Adflex enables strategic advantage for the world’s buyers and suppliers by dramatically simplifying their payment issuance and acceptance.
Through Adflex, buyers can quickly onboard a wider range of qualified suppliers than ever before. Similarly, suppliers can establish partner-of-choice status with more buyers than otherwise possible.
About Mastercard
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential.
Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
