There are broadly two kinds of checkout experiences for most payment methods. The SDK flow is where your payment page has the SDK of the processor embedded for a more native experience.
The redirection flow is when you break from the flow of your website and use the processor’s hosted checkout page. It is worth putting in the extra effort to blend the payment page until the end of the checkout experience to not lose your customer’s flow of attention. PayPal one-click checkout button is an example of paypal’s SDK flow.
You actually don’t need the user to reach the final checkout page with all these icons and progressive disclosures for checking out with Paypal
It is with the risk rules. If a transaction is considered risky due to amount, location, customer pattern etc, Stripe/ issuer would need more details to lower the riak during Authorization
Given tokenization is useful for merchants, does it come at an added cost (over & above the usual Stripe charges)? Would the added cost offset the chargeback costs that companies usually face?
It exposes you (the merchant) to PCI auditing requirements (which isn't mentioned once in the article‽) far in excess of what you'd get if you just used the vendor (be it Stripe or Adyen or Square or Paypal or whomever your payments process is)'s tokenization. You don't really want that. It's a total distraction and bunch of noise if your core competency isn't payments processing.
Doing your own tokenization isn't going to shield you from chargebacks or their costs.
surely FedNow will be a game changer but still it is 1 or 2 years away. And it will support account to account transactions. Need of credit would still be there :)
The redirection flow is when you break from the flow of your website and use the processor’s hosted checkout page. It is worth putting in the extra effort to blend the payment page until the end of the checkout experience to not lose your customer’s flow of attention. PayPal one-click checkout button is an example of paypal’s SDK flow.
You actually don’t need the user to reach the final checkout page with all these icons and progressive disclosures for checking out with Paypal