SAN
FRANCISCO, April 4, 2024 /PRNewswire/ -- Skipify, a
leading financial technology company redefining the checkout
experience, today announced its partnership with Visa (NYSE: V), a
world leader in global payments technology, through the Visa
Digital Commerce Program. Through this effort, Skipify aims to
reinvent the way consumers transact, leveraging cutting-edge
technologies to simplify and accelerate the payment process. By
combining Visa's extensive digital payments expertise with
Skipify's next-generation digital wallet, Skipify is poised to
deliver unparalleled convenience and security to consumers at
checkout.
In early phases of the partnership, Skipify customers in a
growing list of global markets will be able to link Visa Click to
Pay cards with their Skipify Connected Wallet. Skipify's
next-gen digital wallet is embedded by merchants to help ease the
challenges of checkout commonly experienced by shoppers and
increase the rate of conversion. Once enabled, the direct
connection means that Skipify's identity-powered wallet will be
able to recognize participating Visa Click to Pay cardholders on a
merchant's website, surfacing available cards more seamlessly. The
integration utilizes advanced Visa network tokenization technology
to help minimize the risk of fraud and provide a more
secure payment environment, helping to allow merchants to offer a
more frictionless checkout experience without increasing exposure
to fraud risk.
The participation also allows Skipify to significantly expand
its reach and offer its innovative payment solutions to a broader
audience than ever before.
"We're empowering merchants with an unparalleled checkout
experience," said Ryth Martin, Founder and CEO of Skipify.
"Merchants can authorize more shoppers automatically, drive
revenue, and ultimately earn more shopper lifetime value. We are
proud to deliver this level of impact with Visa by our
side."
Skipify's partnership with Visa reinforces a commitment to
advancing the future of commerce through innovation and
collaboration.
"We're empowering businesses with convenient and secure ways to
accept payments, giving them the opportunity to enrich consumer
experiences and get even closer to their shoppers," said
Mark Nelsen, SVP, Regional Product
and Innovation at Visa. "Skipify has been an incredible partner
because of their dedication to our merchants and cardholders. We're
delighted to drive this next wave of innovation in payments with
them."
Skipify and Visa will share the stage in a keynote session at
New York Fintech Week on April 10,
2024 to elaborate further on the partnership. Register to
attend the event here or reach out to sales@skipify.com for
more information.
About Visa Inc.
Visa (NYSE: V) is a world leader in digital payments, facilitating
transactions between consumers, merchants, financial institutions
and government entities across more than 200 countries and
territories. Our mission is to connect the world through the most
innovative, convenient, reliable and secure payments network,
enabling individuals, businesses and economies to thrive. We
believe that economies that include everyone everywhere, uplift
everyone everywhere and see access as foundational to the future of
money movement. Learn more at Visa.com.
About Skipify
Skipify is a fintech company based in San
Francisco, California whose mission is to connect people to
the merchants and financial products they trust and love through
innovative, reliable, and secure digital experiences that feel more
like magic than software. Skipify's Connected Checkout is used by
merchants to enable better purchasing experiences on websites, in
stores, and across marketing channels. Skipify has been recognized
as a Fintech Top 50 company, a Leading 100 startup, and a CB
Insights Retail Tech 100 winner.
Skipify is backed by some of the world's leading fintech and
commerce enablement investors, including Samsung NEXT, Amex
Ventures, Synchrony Ventures, Okta Ventures, Point72, Flourish
Ventures, Infinity Ventures, PayPal Ventures, Vinyl, Worldpay, and
BDT & MSD Partners. Through its checkout and digital wallet
product offerings, Skipify is building a network across merchants
and financial partners that helps the entire ecosystem win. For
more information, visit www.skipify.com.
Media Contacts
Ashley Kiolbasa
ashley.kiolbasa@skipify.com
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SOURCE Skipify