Online retailer #flipkart‘s payment solution #payzippy* has launched a new feature where customers can now store their card information so that you don’t have to key it in every time you want to make a payment on a merchant site.
Flipkart had earlier received PCI DSS certification, to be able to store card information and the service was active on its own website. But now, the store card feature will be available for merchants who use PayZippy as their payment gateway.
PayZippy tied up with merchants for launch offers for their initial customers, the company said. Merchants are offering cash backs, discounts on transactions and gift vouchers to people who use the service.
Mekin Maheswari, Head, Payments and Digital Media, Flipkart.com said,
With PayZippy we have actually reduced the time taken for making online payments by 50%. We are expecting at least 150,000 customers to sign up for this service within the first month and our target is to get 1 million customers by next June.
PayZippy can also be used on other merchant sites like MakeMyTrip, BlueStone and LensKart and Travelyaari.
The service will soon scale up and be available across most large online merchants in India, the company said.
PayZippy for merchants, launched earlier this year, powers card payments for domestic merchant websites and mobile sites.
Disclosure: PayZippy is an advertiser on NextBigWhat.