Following this announcement, the partnership is set to enable Telr to deploy optimised and secure payment technologies to its customers and clients in the region of the United Arab Emirates in order to optimise the overall experience of its users and merchants.
In addition, both companies will continue to focus on meeting the needs, preferences, and demands of customers in an ever-evolving market, while also prioritising the process of remaining compliant with the regulatory requirements and laws of the local industry.
Click to Pay represents an efficient and safe payment method that was designed in order to optimise customer confidence and reduce overall card abandonment. The tool was powered by Mastercard, and it is expected to streamline the process of purchasing while also upholding improved security standards. Customers and users will be given the possibility to enroll only once, which will eliminate the need to repeatedly enter card details or passwords for every online purchase. This is set to foster more frequent purchases as well, while also improving conversion rates and boosting client satisfaction.
The new strategic deal between Telr and Mastercard is expected to transform the overall United Arab Emirates landscape, while also promising a secure and efficient shopping experience for customers and merchants alike, as well as higher conversion rates and reduced fraud. At the same time, the partnership underscores the shared commitment to enhance the ecommerce journey, while also integrating secure payment trends, streamlining merchants procedures, and fostering development and growth through technology and strategic collaborations.
The partnership is set to enable Mastercard to expand its digital payment acceptance footprint, while also accelerating the process of improving the financial lives of individuals and businesses alike.
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