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ProPay(R) Adds Visa Checkout

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ProPay(R), a TSYS(R) company, announced today that it has added yet another checkout option – Visa Checkout, an easy and secure way to pay online from Visa. Enrolling in Visa Checkout is intuitive and simple, and consumers can store and use any Visa debit or credit card, as well as cards from other major brands. Once enrolled, consumers simply provide their username and password to complete the payment process, without re-entering card and address information or leaving the merchant’s website. Visa Checkout offers consumers a seamless and consistent payment experience across devices.

The online checkout experience continues to be a consumer pain point with shopping cart abandonment rates as high as 68 percent, according to research firm, eMarketer. In many cases, consumers click through multiple screens, filling out detailed information before completing a purchase. The problem is even more pronounced as devices become smaller, with 86 percent of shoppers never completing their purchases on mobile devices.1

“ProPay is pleased to offer Visa Checkout as one of its many checkout options,” said Ryan Oakes, chief operating officer of ProPay. “With the addition of Visa Checkout, ProPay enables merchants with more than ten ways to accept payments so they may conduct transactions anytime, anywhere, in-person, online, and offline in a secure manner.”

Visa Checkout is easily integrated into a merchant’s e-commerce website. It also offers advanced risk tools monitoring user activity and authenticates customers before they make purchases, which helps reduce fraudulent transactions.

“With Visa Checkout, ProPay now offers its customers a fantastic way to accept payments from shoppers who have come to expect a quick and easy payment process online and on any of their connected devices,” said Sam Shrauger, senior vice president of digital solutions, Visa Inc.

About ProPay

Since 1997, ProPay has provided simple, secure and affordable payment solutions for organizations ranging from the small, home-based entrepreneur to multi-billion-dollar enterprises. ProPay is a leading provider of complete End-to-End Payment Security solutions designed to significantly reduce the client organization’s risk of having sensitive payment data compromised. ProPay is the recipient of the prestigious 2010 ETA ISO of the Year award. ProPay is a wholly owned subsidiary of TSYS (NYSE:TSS) and is a leader in payment data security. For information, visit www.propay.com or call 888.227.9856.

About TSYS

At TSYS(R) (NYSE:TSS) , we believe payments should revolve around people, not the other way around. We call this belief “People-Centered Payments(R).” By putting people at the center of every decision we make, TSYS supports financial institutions, businesses and governments in more than 80 countries. Through NetSpend(R), A TSYS Company, we empower consumers with the convenience, security, and freedom to be self-banked. TSYS offers issuer services and merchant payment acceptance for credit, debit, prepaid, healthcare and business solutions.

TSYS’ headquarters are located in Columbus, Ga., U.S.A., with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS is a member of The Civic 50 and was named one of the 2013 World’s Most Ethical Companies by Ethisphere magazine. TSYS routinely posts all important information on its website. For more, please visit us at www.tsys.com.

1 Source: Shopping Cart Abandonment, February 2014, eMarketer

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