What is Visa Checkout? How it worked

»Visa Checkout is no longer offered

In 2020, Visa Checkout switched to “Click to Pay”, a unified digital payment service jointly developed by Visa, Mastercard, Discover and American Express. As a result, this story is outdated. For up-to-date information, see our story on “Click to Pay”.

Visa Checkout is the Visa credit card network’s version of a digital wallet, designed to make shopping online easier. Users can store their credit and debit card information in Visa Checkout, and then quickly access that information while shopping on merchant websites or in retailer apps.

Mastercard and American Express have similar utilities, known as Master pass and Amex Express Checkout.

How Visa Checkout Works

Visa Checkout is not a mobile app, nor a payment option at checkout in physical stores, like Apple Pay or Google Pay. You can use it on websites or in apps of merchants that accept Visa Checkout.

Once you have created an account with Visa Checkout – You can do it here – you can configure your wallet to contain as many payment cards as you want. They don’t all have to be Visa cards. Visa Checkout also works with Mastercard, Discover and American Express, both credit and debit cards. For each card, you will be prompted for the card number, expiration, and security code. The app also asks you for billing and shipping addresses.

When you shop online from a retailer that accepts Visa Checkout:

1. You will see an option to use it when you are ready to pay. Look for a button similar to this:

2. Select this option and you will be prompted for a password. This opens your wallet and you select the card you want to use for the purchase.

3. Visa Checkout fills in all the necessary information automatically – no need to fumble with your physical card or worry about typing those 16-digit numbers wrong.

Visa does not appear to maintain a list of retailers that accept Visa Checkout (the link to the list on the network site Visa Checkout FAQ page was broken in August 2020).

Convenience and security

For most cardholders, the main practical benefit of Visa Checkout – and any digital wallet – is convenience. “In the world of e-commerce, consumers were faced with the problem of having to enter their information at every retail site,” said Vish Shastry, vice president of digital solutions at Visa. “We created Visa Checkout to address this problem, especially in the mobile world.”

Visa says Checkout also offers an additional layer of security. The network said in 2017 that “Visa Checkout fraud volume as a percentage of sales [was] 63% less and his fraud counts as a percentage of transactions [was] 56% lower than non-Visa Checkout volume at top Visa Checkout merchants. “

Visa Checkout provides a way to monitor transactions for any suspicious activity.

“We look at the consumer [making the transaction]Shastry said. “Is the consumer from the right country? Are there multiple connections from the same computer? When you swipe, dip or touch, we know this card was just used in San Francisco So if it is used in Florida later in the day we will know there might be a problem.

If your enrolled Visa card is compromised and you receive a new card and number, Visa Checkout automatically updates the cards. You don’t need to delete the old card and register a new one.

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About Lois Mendez

Lois Mendez

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