Posted inEmergent TechBusiness

Careem reveals new 1-click-checkout tech similar to Apple Pay

Careem’s latest payment feature is currently available on 6thStreet.com and will be introduced to other merchants in the region soon

UAE Super App Careem has launched a new feature called One-Click Checkout, allowing its 50 million customers in the area to make purchases on third-party merchant apps and websites instantly.

By using the contact information, delivery locations, and payment details saved on their Careem app, customers can quickly checkout without any hassle.

This feature is currently available on 6thStreet.com, an online fashion retailer in the GCC. Careem plans to introduce One-Click Checkout for other merchants in the region soon.

Online retailers often struggle with converting website visitors into customers due to poorly-designed checkout experiences. Globally, around 70 percent of e-commerce carts are abandoned. One-click checkout products can increase sales conversions by up to 60 percent, as they make the checkout process easier for customers.

Careem’s One-Click Checkout is a safe and convenient product that uses pre-saved information and one-time authentication via OTP to streamline the checkout process for customers.

“We are thrilled to launch our homegrown One-Click Checkout product through Careem Pay to simplify the checkout experience for customers shopping online,” said Madiha Sattar, VP, Careem Pay.

She noted that the Careem’s One-Click Checkout makes it super simple, fast and safe for customers in the region to shop online, while helping online retailers improve their sales conversion.

“Our partnership with 6thStreet.com enables millions of Careem customers to checkout with over 1,200 brands in just one click. We’re excited to expand the use of Careem Pay beyond the Super App as part of our purpose to simplify payments experiences for customers, Captains and merchants,” she added.

More than 50 million people are registered on the Careem app, which has 5 million cards on file, and 20 million mapped locations saved.

Dharmin Ved, CEO, 6th street, said, “We are thrilled to be connected to Careem’s extensive customer base and know that this partnership will help us fulfill our promise of always putting our customers’ needs and convenience first.”

Careem Pay streamlines payment experiences for customers, Captains, and merchants by providing simple and efficient ways to hold and transfer money locally and internationally, pay bills, and make and receive payments both within and outside the Careem app.

With a decade of experience in delivering secure payments for its rides and deliveries services, Careem has processed over AED 18 billion ($5 billion) in total cash and digital transactions across all services in the past seven years.