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Embedded finance is making click buys easier

With product and financial sellers on the same page, the consumer finds it easy to just click through and buy

click buys
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Technology companies are increasingly adding a layer of connectivity between banking firms and consumer-facing companies. This allows consumers to pay without leaving a site.

Pranjal Sharma
Browse, select, click and pay is a common enough sequence. The ease of buying on e-commerce sites has been enabled by the embedded finance. Technology companies are increasingly adding a layer of connection between a banking firm and a consumer-facing organisation. The layer of connectivity embeds a financial transaction interface that allows a consumer to make a payment or purchase without leaving an app or a site. 

The transaction could be a payment for a product or a service. Most importantly, the payment could be for an unrelated product but available on the same site. For example, while buying an electronic
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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