Home New Service Brings Single Click Checkout to Android

New Service Brings Single Click Checkout to Android

Citibank-sponsored service Single-Click Checkout just launched at the Open Mobile Summit in San Francisco. The service is the first in-app single click credit card checkout system for Android. With Single-Click, merchants can accept credit card payments from any mobile user.

The service enables credit card transactions across the existing infrastructure from companies like MasterCard, Visa, Discover, American Express and others – it doesn’t require users to create a new account with an associated username and password.

When using the app, one click displays a pop-up box which is overlaid upon the app, and the entire checkout process takes place in this window. Unlike competitor PayPal, there’s no sign-in process – users don’t have to enter in their username and password to use it. Instead, Single Click identifies unique handsets using proprietary technology.

One of the key features of the new system is that it enables cross-merchant payments. The company has partnered with the leading payment gateways and can process over 150 currencies.

The design of the app is important, too. Users need a contextual awareness of the checkout process, explained Single-Click CEO Andy Kleitsch on stage today at the mobile event. The pop-over design enables this, he said. A user clicks “buy” and Single-Click then handles the entire checkout process in the pop-up window.

In testing the service, the conversion rates were impressive. The first time a user tries Single-Click, there’s a 20% conversion rate, much higher than the current average of 3.4%. After the first transaction, the user is Single-Click enabled and future transactions then see a 72.4% conversion rate.

Since there’s no carrier revenue share, merchants get to keep more of the money per transaction -there’s just a cost of $0.05-$0.10 per transaction for the associated processing fees.

Any Android developer can integrate Single-Click into an app now using just four lines of code. For more details, check out the Developer Portal on Single-Click’s site.

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Get the biggest tech headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Tech News

    Explore the latest in tech with our Tech News. We cut through the noise for concise, relevant updates, keeping you informed about the rapidly evolving tech landscape with curated content that separates signal from noise.

    In-Depth Tech Stories

    Explore tech impact in In-Depth Stories. Narrative data journalism offers comprehensive analyses, revealing stories behind data. Understand industry trends for a deeper perspective on tech's intricate relationships with society.

    Expert Reviews

    Empower decisions with Expert Reviews, merging industry expertise and insightful analysis. Delve into tech intricacies, get the best deals, and stay ahead with our trustworthy guide to navigating the ever-changing tech market.