Indian e-commerce company Flipkart has launched an online payment solution for merchants.

The solution – called PayZippy – handles payments for domestic merchant websites and mobile sites.

PayZippy was created to make online payments safe and easy, without the cumbersome process of typing the complete card details every single time as those sensitive details are saved the moment a consumer create a PayZippy account.

PayZippy has passed stringent security audits to meet Payment Card Industry Data Security Standards (PCI DSS).

“This launch is a pre-cursor for a larger customer-centric product that will be geared towards making online payments a smooth, trustworthy and convenient experience for consumers across online merchants,” said Flipkart.com co-founder and CEO Sachin Bansal.

PayZippy has been tested on Flipkart’s own marketplace and will be offered to regular consumers later on.

“Online payments play an extremely critical role in the growth of e-commerce. Being the leader in the online travel space, we have faced and solved a lot of the problems related to this ecosystem ourselves.

“Flipkart’s move to offer payment as service to the merchants is a welcome move for the industry as they would look to bring in innovative solutions to solve existing pain areas on the merchants side,” said MakeMyTrip.com chief technology officer Sanket Atal.