Visa expanding online payment service Visa Checkout to 16 global markets

San Francisco – The mobile payment market continues to heat up. On the heels of Samsung’s news that it will acquire mobile payment firm LoopPay, Visa Inc. announced it is expanding its online payment service, Visa Checkout. The financial services giant said the digital checkout service, which launched in three markets in summer 2014, will be available in a total of 16 markets by the end of 2015.



“Visa Checkout has seen tremendous growth in the U.S., Canada and Australia in just the few months since its launch,” said Sam Shrauger, senior VP of digital solutions at Visa. “Consumers and merchants alike love its simplicity and ease, which is particularly important as people shop and buy more frequently on smaller devices like phones and tablets. Building on this positive momentum, we are aggressively carrying the service into new markets across the world throughout 2015 and beyond.”



The global expansion kicks off by enabling cross-border commerce between consumers in the new markets and merchants in the U.S., Australia and Canada that accept Visa Checkout today and ship to the applicable country. As the global rollout continues during the year, select markets will begin to incorporate issuer, merchant, acquirer, and channel partnerships to support local e-commerce with Visa Checkout. Visa will also roll out localized Visa Checkout websites for many of these markets.



In addition to the pilot markets, Visa Checkout will be available in the following markets by yearend: Argentina, Brazil, Chile, China, Colombia, Hong Kong, Peru, Malaysia, Mexico, New Zealand, Singapore, South Africa and United Arab Emirates.