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Online merchants lose sales due to checkout friction and payment abandonment

E-commerce merchants struggle with high cart abandonment rates caused by complex, multi-step checkout processes that require customers to remember passwords and enter payment details repeatedly. Current payment solutions force shoppers through friction-filled authentication flows, causing them to abandon purchases before completion. Merchants need faster, more secure checkout experiences that reduce friction while maintaining security.

Validation Scores

search volume 10%
pain intensity 22%
payment evidence 13%
competition gap 80%

Overall Score: 26.2%

Payment Evidence (1)

Payment Type Saas

Payment intent for saas: app

From: SA’s Walletdoc launches Visa Payment Passkeys for safer, frictionless online checkout

70% confidence Source

Source Signals (1)

SA’s Walletdoc launches Visa Payment Passkeys for safer, frictionless online checkout

South African payment technology company Walletdoc is bringing Visa Payment Passkeys to local merchants, enabling them to offer shoppers a faster, more secure and passwordless online checkout. Walletdoc makes getting paid easy, bringing card and EFT solutions together under one roof, both online and...

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Problem Details

Category
fintech
Pain Keywords
checkout friction, cart abandonment, payment authentication, passwordless checkout, online conversion rates
Signals Collected
1
Created
2026-10-01 13:01