Acquired.com, a UK-based payments specialist and payment initiation service provider, has unveiled a comprehensive Hosted Checkout solution aimed at simplifying the payment process for merchants.
The Hosted Checkout solution comes as an answer to the myriad of operational and financial challenges that merchants face when trying to offer multiple payment methods. The solution is aimed at eliminating the time-consuming and costly multiple integrations that have been the industry norm.
Specialising in payment initiation services, Acquired.com empowers merchants with an array of solutions that make payment processing seamless and efficient. The UK-based company is a well-known payments specialist that provides customised payment solutions for businesses of all sizes.
Hosted Checkout is a pre-configured, highly adaptable solution that allows businesses to offer a variety of payment methods—such as credit and debit cards, Apple Pay, Google Pay, and notably, Open Banking payments—all through a single integration. This simplifies the merchant’s payment process, reduces the need for multiple service providers, and accelerates the adoption of emerging payment methods like Open Banking.
Besides the convenience of single integration, the Hosted Checkout solution also offers customisation options. Merchants can easily enable or disable different payment methods without any coding. Moreover, they can tweak the solution’s branding and colours to align with their website’s aesthetics, creating a consistent brand experience for customers.
For businesses interested in offering Apple Pay and Google Pay, Acquired.com’s solution removes the requirement to apply directly to Apple and Google, streamlining the technical aspect of the process. Additionally, the product alleviates concerns about Open Banking adoption by incorporating it alongside traditional payment methods, mitigating the financial risk for hesitant merchants.
Acquired.com Commercial Director Mark Johnson said, “We believe that our Hosted Checkout solution solves a key challenge for merchants who want to deliver a variety of payment methods for their customers but are reluctant to undertake numerous time-consuming integrations. In particular, the ability to offer Open Banking payments, a payment method that is yet to see widespread use in many sectors, alongside other payment methods and without the need for a separate integration is a game changer for forward-thinking merchants.”
Jamie Lynch, Product Manager at Acquired.com, commented that “Hosted Checkout is another weapon in our arsenal that gives businesses freedom and flexibility in the payments methods they offer, and the look and feel of their checkout. We believe that this solution has the ability to drive Open Banking adoption for merchants in a variety of sectors and support consumer uptake with minimal integration hassle.”
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