Visa pauses single-click checkout for Indian ecommerce transactions

Card payments major Visa has paused its single-click checkout service for online transactions in India, amid a push by the Reserve Bank of India (RBI) to tighten security standards for digital payments.

In 2019, Visa launched ‘Visa Single Click’ in India to enable a smooth checkout for consumers buying goods online worth up to Rs 2,000. This feature did not need CVV (card verification value) or OTP (one-time password) to be punched in while making a transaction.