British shoppers can now complete their purchases with just a single touch of their mobile device thanks to the rollout of a leading payments technology.
Payments provider Braintree has announced the UK launch of its OneTouch payments service, which means users no longer need to enter a username and password when they use PayPal as a payment method.
The service is available across Android and iOS, although merchants looking to use the service will need to integrate their systems with Braintree’s v.zero SDK, which was launched in August. The ten-minute process gives merchants access to One Touch, PayPal, Venmo, Apple Pay and soon bitcoin.
Having launched in the US earlier this year, OneTouch will now be available in Australia, Canada, France, Germany, Italy, the Netherlands, Spain, and Sweden as part of Braintree’s efforts to serve the 43 markets it currently operates in.
The service has already signed up a range of customers, including Jane.com, ParkWhiz, StubHub, Type Tees by Threadless and YPlan in the US. In Europe, companies like Cabonline in Sweden, JustPark in the UK and Polagram in France are planning to integrate the service, as Braintree claims it’s faster and safer for mobile shoppers, and helps to reduce shopping cart abandonment.
“As a global company working to support startups and developers across industries and borders, we’ve seen first hand that innovation happens around the world.” said Klas Back, Braintree’s general manager International and payment strategy.
The London-based company, which also counts the likes of Airbnb and Hailo among its customers, was bought by PayPal for $800 million last year and has its services integrated into the platform. It currently processes up to $12 billion (£7.4bn) in payments per year – a third of that that via mobile apps, to around 4,000 merchants worldwide.
All checked up on mobile payments? Try our quiz!
Targetting AWS, Microsoft? British competition regulator soon to announce “behavioural” remedies for cloud sector
Move to Elon Musk rival. Former senior executive at X joins Sam Altman's venture formerly…
Bitcoin price rises towards $100,000, amid investor optimism of friendlier US regulatory landscape under Donald…
Judge Kaplan praises former FTX CTO Gary Wang for his co-operation against Sam Bankman-Fried during…
Explore the future of work with the Silicon In Focus Podcast. Discover how AI is…
Executive hits out at the DoJ's “staggering proposal” to force Google to sell off its…