The purchasing process for returning customers can be made more convenient by allowing them to make payments without entering their complete card details.

This can be achieved through the implementation of one-click payments, where the customer’s information is saved during the first payment.

A customer who wishes to make use of one-click payments or avoid the need to input their card details repeatedly for future payments requests to store their card details during a cardholder-initiated transaction (CIT).

Increased security. Tokenization replaces sensitive card data (such as the card number) with a unique token, making it much harder for hackers to intercept and steal the card information during transmission.

 

Reduced risk of fraud. Since the token can only be used for a specific transaction and cannot be reused, the risk of fraudulent activities is greatly reduced.

 

Compliance. Helps businesses achieve compliance with security and data protection regulations such as the Payment Card Industry Data Security Standard (PCI DSS).

 

Improved customer experience. Customers can complete transactions quickly and easily without having to re-enter their payment information every time they make a purchase.

 

Simplified payment management. Simplifies payment management for businesses by reducing the need to store and manage sensitive payment data.

The OneClick payment experience comprises two main steps:

Step 1: First payment – Storing card details

When a Merchant proposes a One Click Payment Creation to a logged-in Cardholder, the applicable Terms and Conditions are presented.

If the Cardholder accepts and provides their card data, they must perform 3D Secure Strong Customer Authentication as mandated. Once authentication is successful, the card is tokenized and registered with the International Payment System (IPS). The token is then delivered to the Merchant and recorded as a Card on File.

Step 2: Subsequent payments – Paying with stored card

When the Cardholder is logged in to the merchant’s e-shop, a “OneClick payment” button is presented for easy payment with just one click.

The Card token is detokenized, and the one click payment context is validated before the transaction is presented to IPS with a reference to the initial transaction. This allows the authentication flow to be bypassed.