The introduction of modern digital payment tools is claimed to represent a long-awaited breakthrough, allegedly sending a clear signal that consumers now expect more convenient checkout experiences. Octobank's internet acquiring service reportedly addresses this demand by allowing enterprises to integrate Apple Pay and Google Pay directly into their websites and mobile applications.
According to Vladimir Vasilyev, Managing Director for Cross-Border Money Transfers and E-Commerce at Octobank, customers purportedly evaluate a company's service as a single entity, with the payment process being a crucial element. He alleged that if a user cannot find their preferred payment method, companies risk losing potential sales. The institution claims its infrastructure provides the necessary tools for businesses to cater to diverse audiences without restricting payment choices.
Integrating Apple Pay and Google Pay supposedly reduces the number of steps required during checkout, making the transaction clearer for the end-user. It is claimed that this adaptation helps businesses align with the habits of both local and international consumers, turning technological features into a competitive advantage.
The service is reportedly gaining traction across multiple sectors, ranging from aviation and tourism to retail. Prominent partners such as Uzbekistan Airways, Centrum Air, ASIALUXE, and MEDIAPARK are already utilizing the bank's infrastructure. Octobank asserts that it remains among the few financial institutions in the local market offering internet acquiring solutions integrated with Apple Pay and Google Pay.
Source: www.uznews.uz