Mobile Payments

Chase Pay Buy Button Comes To BigCommerce

Chase has announced that small and mid-sized retailers who sell on the eCommerce platform BigCommerce will soon be able to accept Chase Pay on their online stores.

In addition, BigCommerce will enable immediate merchant onboarding with WePay, a Chase company.

The additions, expected to happen this summer, will enable faster checkout for 61 million Chase Visa credit and debit cardholders.

“We are working together to make great digital storefronts even stronger by streamlining the checkout and payments experience and making payment options more accessible to our customers,” said Rob Cameron, president of partnerships for merchant services at Chase.

Retailers working with BigCommerce are able to customize their sites, manage shipping and payments, and list products on Amazon, eBay and Facebook. Through the addition of Chase Pay as a checkout option, merchants can use their own loyalty programs, while eligible customers can also redeem Chase Ultimate Rewards.

“Checkout optimization represents one of the single biggest challenges that online retailers continue to face. One way that BigCommerce is driving superior conversion rates is by giving merchants and their consumers access to the industry’s most trusted payments technologies,” said Russell Klein, chief development officer at BigCommerce. “Not only does WePay simplify and speed up the checkout process on merchant sites, but as part of the Chase family, it gives consumers more confidence in their online purchase decisions.”

Last month, BigCommerce revealed that it had closed a $64 million round of funding led by Goldman Sachs, with participation from current investors General Catalyst, GGV Capital and Tenaya Capital. With the new funding, BigCommerce said it has now raised over $200 million.

“Our mission is to help every business selling online maximize success through the benefits of SaaS,” said Brent Bellm, CEO of BigCommerce. “eCommerce is constantly evolving, and brands need technologies that allow them to stay current and competitive. With this funding, we will continue investing aggressively in our platform, technology and team to serve customers’ needs at every phase of their growth.”


Featured PYMNTS Study: 

With eyes on lowering costs to improving cash flow, 85 percent of U.S. firms plan to make real-time payments integral to their operations within three years. However, some firms still feel technical barriers stand in the way. In the January 2020 Making Real-Time Payments A Reality Study, PYMNTS surveyed more than 500 financial executives to examine what it will take to channel RTP interest into real-world adoption. Here’s what we learned.