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PayUbiz unveils ‘One Tap’ technology for payments

  • Payment processor PayUbiz has announced the launch of its
    patent-pending ‘one tap’ technology, which enables all mobile payments made

    • Payment processor PayUbiz has announced the launch of its
      patent-pending ‘one tap’ technology, which enables all mobile payments made
      through debit or credit card to happen by just tapping ‘once’ on the screen,
      Gadgets360 said in a report.
    •  
    • PayUbiz uses a combination of four different tech innovations to
      provide a seamless user experience for mobile payments, the company said in a
      statement.
    •  
    • The store card feature ensures that the consumers don’t have to go
      through the pain of putting in the 16-digit card number repeatedly, the first
      factor authentication of putting the CVV each time while making an online
      payment is nullified by the No-CVV feature.
    •  
    • Furthermore, the second factor authentication of OTP gets auto read
      from the mobile device and submitted, leading to the completion of a seamless
      one tap payment experience.
    •  
    • Even when there is a network issue, the magic retry feature picks up
      the transaction from the point where it stopped, the company said.
    •  
    • “This is set to disrupt the way mobile payments are made in
      India. With this technology, e-commerce companies will be able to deliver
      absolute customer delight through faster and hassle free payments experience
      with just one tap,” said Rahul Kothari, Business Head, PayUbiz.
    •  
    • Consumers can presently experience the technology on apps such as
      PayUmoney and Twigly, some of the other apps where users will experience it in
      next few weeks are Peppertap, redBus, Goibibo, Grofers, Big Basket, Justdial,
      Xiaomi, Musafir, and nearbuy, the company said.
    •  

     

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