Online payment processes receive a significant overhaul with PXP's unveiling of the Checkout Components, designed to revolutionize the way transactions occur digitally.

PXP, a leading payments provider, has launched a new solution called Checkout Components, designed to revolutionise the e-commerce checkout experience for medium to large businesses.

The solution comes with a comprehensive Software Development Kit (SDK), empowering both front-end and back-end development teams to launch and iterate quickly, without compromising on compliance or performance.

Tailored for Flexibility and Speed

Checkout Components is specifically crafted for businesses seeking payment flexibility and checkout performance. It offers a range of features designed to streamline the checkout process, reduce cart abandonment, and enhance the overall user experience.

Custom Event Tracking and Real-Time Data Transmission

One of the key features of Checkout Components is Custom Event Tracking. This allows merchants to send real-time data to analytics, CRM, or marketing platforms, including Power BI, Hotjar, Amplitude, Tableau, and many more. This feature enables businesses to gain valuable insights into their customers' behaviour and optimise their checkout process accordingly.

Secure, Customisable, and High-Performance Checkout Flows

Unlike traditional payment solutions, Checkout Components enables fully customised, secure, and high-performance checkout flows. This means businesses can tailor their checkout process to match their brand's personality, ensuring a seamless and brand-consistent user experience.

Multilingual and Multicurrency Support

Checkout Components caters to international audiences with Multilingual and Multicurrency Support. This feature allows businesses to serve customers in their native language and currency, fostering trust and easing the checkout process.

The solution also provides Dynamic Payment Buttons & Card Previews to guide shoppers through the payment process using contextual cues. Additionally, Tooltip & Message Editing is available to match form logic and tone of voice with a brand's personality.

PCI DSS, PSD2, and SCA Compliance, Point-to-Point Encryption, and 3D Secure Integration

Checkout Components is protected by enterprise-grade infrastructure, including PCI DSS, PSD2, and SCA compliance, point-to-point encryption (P2PE) and tokenisation, as well as 3D Secure (3DS) integration for intelligent risk-based authentication.

Event Callback Architecture and API-First Design

The solution's event callback architecture enables merchants to capture and push real-time payment journey data to virtually any platform. Its event-driven, API-first design ensures scalability and uptime across peak periods, with the ability to handle thousands of simultaneous sessions across markets.

Addressing Cart Abandonment and Enhancing Trust and Conversion

Checkout Components addresses the challenge of customers abandoning purchases at the final hurdle. By offering a fully integrated, brand-safe payment journey, it enhances trust, conversion, and repeat purchasing.

Granular Customization Capabilities

The product offers granular customization capabilities, designed for custom websites, allowing enterprises and digital-first brands to design and build their ideal checkout from scratch.

According to industry studies, up to 80% of online shopping carts are abandoned, and poor checkout UX, missing payment methods, and redirects are among the top causes. With Checkout Components, businesses can take control of their payment presentation, processing, and optimization across desktop and mobile platforms, thereby reducing cart abandonment and improving their e-commerce performance.

The leadership behind the development of Checkout Components at PXP includes CEO Kamran Hedjri, who emphasised giving merchants control over payment presentation and optimization to reduce cart abandonment in e-commerce.

In conclusion, PXP's Checkout Components offers a comprehensive, secure, and customisable solution for businesses seeking to enhance their e-commerce checkout experience, reduce cart abandonment, and improve their overall performance.

Online payment processes receive a significant overhaul with PXP's unveiling of the Checkout Components, designed to revolutionize the way transactions occur digitally.