PayUbiz unveils patent pending CVV-less online payment technology

Homegrown online payment enabler PayUbiz reveals its CVV-less technology to improvise user experience and enhance transaction success rates for online payments. The new feature gives CVV-less payment flow to consumers making payments online on PayUbiz partner merchants who are using this technology. The feature is platform agnostic and works for both Web (desktop and mobile) and Mobile Apps (Android & iOS).

Elaborating on the launch of CVV-less technology, Rahul Kothari, head of Business, PayUbiz commented, “Our innovation removes the need for entering CVV and enables a CVV less payment flow. This achievement has motivated many new merchants to sign-up with us and enhances their online payment experience.”

PayUbiz has also filed a patent for this innovation. The company says that its CVV-less technology is already being used by PepperTap, Goibibo, RedBus, Twigly, PayUmoney and the process of integration is on with more industry leaders.