target audience: TECH SUPPLIER Publication date: Nov 2024 - Document type: Market Note - Doc Document number: # US52667924
Fastlane by PayPal: Empowering Developers and Transforming Payment Integration
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Abstract
This IDC Market Note discusses Fastlane by PayPal — launched on August 6 — that accelerates the guest checkout experience by reusing payment data to expedite transactions, leading to faster checkouts and increased conversions. Fastlane offers a streamlined checkout integration to accelerate card payments. In addition, it features an integrated sandbox, interactive guides, and developer-centric benefits such as simplified integration implementation and reduced debugging time. Fastlane's business benefits include faster time to market, enhanced customer experience, cost efficiency, improved collaboration, competitive advantage, scalability, and robust security and compliance.
"Fastlane by PayPal revolutionizes digital transactions with faster checkouts, seamless integration, and enhanced customer experience — ushering in a new era of ecommerce efficiency." — Arnal Dayaratna, research vice president, Software Development at IDC