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Magento checkout process in Magento 2 is very flexible and fastest then Magento version 1.x . It was improved to customers are not be too many time for enter the information customer in checkout page. And I think it will help increase your conversion rates. I appreciate this change of Magento.
Step 1: Shipping Address
Step 2: Shipping Methods
Step 3: Payment Method
Step 4: Receive Confirmation
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To reduce time to finish checkout step in Magento 2, we can use One Step Checkout extension to let customers checkotu in 1 page only
+ Display all elements for checking out in only 1 page so that customers can complete it easier without experiencing many steps
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+ Auto detect customer places and autocomplete customer addresses by Google Suggest when they just type some letters
+ Auto-update related information when there are any changes: update shipping methods and billing address when changing shipping address or update order summary when changing shipping methods
+ Allow customers to select their most suitable delivery dates and time and also leave their own comment for delivery or orders. Delivery dates and times are also shown in the Order details and Order grid.
+ Support multiple payment methods
+ Add more options to the checkout page such as discount code, gift message and newsletter subscription
Check it out for FREE Installation - FREE 1-year Support and FREE Updates!