Online payment service PayU has announced the integration of Mastercard Click to Pay and Capitec Pay in an attempt to solidify its position as a “leading Payment Service Provider (PSP)”. 

PayU chose the two payment methods to help reduce cart abandonment and fraud through seamless and secure authentications, with Capitec Pay enabling shoppers to pay directly from their Capitec bank account, without the use of a card. 

Capitec, with over 11 million digital banking clients in South Africa, taps into its Open Banking APIs to power Capitec Pay to allow customers and businesses to make accessible and secure payments. 

Mastercard’s Click to Pay integrated checkout solution is tailored for consumers who are seeking secure, simple and fast online payment options. 

Available across multiple devices including mobile phones and computers, and different browsers, it’s embedded directly within merchant checkout flows so all cards can be managed in a single secure profile and automatically updated. 

This process aims to make the guest checkout journey faster and easier, as the consumer can select an already saved card, without the need to manually re-enter the card’s details. By using the latest tokenisation technology, Click to Pay helps merchants “improve their approval rates, reduce fraud, and deliver a better payment experience to their customers”.