PayUbiz has launched CVV less technology to improvise user experience and enhance transaction success rates for online payments.
The new feature gives CVV-less payment flow to consumers making payments online on PayUbiz partner merchants who are using this technology. The feature is platform agnostic and works for both Web (Desktop and mobile) and Mobile Apps (android & iOS).
“We aim at giving a seamless payment experience to buyers and therefore, have developed innovative technology for our partner merchants. This is an effort towards extending the benefits of our innovative fin-tech to the merchants who are expanding on various platforms, be it mobile or desktop. Our innovation removes the need for entering CVV and enables a CVV less payment flow. [Rahul Kothari, Head of Business, PayUbiz
PayUbiz has also filed a patent for this innovation. The CVV-less technology is already being used by PepperTap, Goibibo, redBus, Twigly, PayUmoney and the process of integration is on with more industry leaders. This is an absolutely secure & convenient digital payment solution, which is PCI-DSS certified, a highest standard in payment industry. Moreover it complies with RBI payment and Settlement systems act 2007.