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Bluecode launches free mobile payment plugin for ecommerce

Monday 12 December 2022 15:24 CET | News

Austria-based mobile payment provider Bluecode has announced launching plugins for all web shops based on the "Magento" and "WooCommerce" shop systems. 

 

As a white label solution, Bluecode offers banks and merchants a start in the mobile payment business. The new plugin should enable providers to integrate Bluecode as a payment method in just a few minutes. They are available free of charge for web shop operators as long as there is a contract with the mobile payment provider via the respective acquirer. The plugins would primarily reduce the integration of APIs to a few clicks on the part of the retailer.

Customers will also benefit, seeing as they will only need their smartphone and a bank account linked to the provider in order to be able to use Bluecode in the online shop to pay. To do this, Bluecod must be selected as the payment method and the QR code displayed on the screen must be scanned with a Bluecode-enabled app. The payment is then confirmed with a “swipe” on the smartphone.


Austria-based mobile payment provider Bluecode has announced launching plugins for all web shops based on the 'Magento' and 'WooCommerce' shop systems.

No more need for password login

This also works in mobile online shops and apps where customers are forwarded to the respective compatible app to complete their payment. After confirmation, users would be automatically redirected to the webshop. According to a Bluecode representative, another advantage is that the rate of purchase cancellations drops significantly by eliminating logins or the need to enter other data to pay.

These modules were developed so that Bluecode’s partners can offer their customers secure payment in their online shops. With this offer, users should be able to pay online without having to enter additional passwords or data, and instead only facial recognition or fingerprint will be required.

Security with Bluecode

When it comes to security, the fintech relies on the “zero-knowledge principle”. This means that Bluecode does not know any customer or bank data, as the information will remain with customers’ own house bank. In addition, token-based technology is used, meaning that all data is encrypted directly on the smartphone and reaches the server of the payment provider in encrypted form. The need to enter credit card details on the website is eliminated and security risks can be minimised.

2022 expansion to Nigeria

In March of 2022, Bluecode launched its mobile payment platform in Nigeria in collaboration with three Nigerian banks, namely Sterling, Providus, and Igangan. These banks had been offering Bluecode as a payment option since January 2022. Since the launch in March, Merchants and customers of the cooperating banks can now use Bluecode Instant as a payment method. Transactions between them go through the Nigeria Inter-Bank Settlement System (NIBSS). Other banks such as the United Bank of Africa and the neobank Kuda have already begun the Bluecode integration.


Source: Link


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Keywords: product launch, mobile payments, payment processing, API, bank account
Categories: Payments & Commerce
Companies: Bluecode
Countries: Austria
This article is part of category

Payments & Commerce

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Bluecode

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