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News stories featuring MasterCard:

Facebook rolls out payments with Messenger app

March 18th, 2015

Facebook users in the US will soon be able to make and receive secure mobile payments for free via the social network’s Messenger app. The service is rolling out “over the coming months”, Facebook says…. More

Vivo expands Zuum mobile payments service

March 17th, 2015

MFS, a joint venture between Telefonica-owned carrier Vivo and MasterCard, has expanded its Vivo Zuum mobile payment service to São Paulo, the biggest city in Brazil. The service lets users make in-store payments via USSD, pay bills, transfer funds between Vivo Zuum accounts, top up prepaid airtime and withdraw cash from MasterCard ATMs. Vivo Zuum is also available in Salvador, Belo Horizonte, Porto Alegre and Aracaju.

Qkr! payments at Wagamama

March 4th, 2015

Diners at UK restaurant chain Wagamama can now pay for their meals at their tables using MasterCard’s Qkr! app with MasterPass. The QR-based payment system was first seen in a trial in Australia in 2012, and the app is available to download from the App Store or Google Play.

Video shows Samsung Pay in action

March 2nd, 2015

A short video published by MasterCard shows Samsung’s new Samsung Pay mobile payment service in action, demonstrating how a user chooses a payment card, authenticates and then holds their phone next to a standard payment… More

Oberthur’s Pearl SE embedded in Galaxy S6

March 2nd, 2015

Samsung’s new flagship handsets, the Galaxy S6 and Galaxy S6 Edge, include an embedded secure element (eSE) from Oberthur Technologies. The Pearl eSE is a multi-application NFC secure element that is certified by Visa, MasterCard and American Express. Incorporating the chip allows easy MNO-independent deployment of secure contactless payment, strong authentication, transit, access and loyalty applications.

MasterCard discusses how Samsung Pay works

March 1st, 2015

Samsung Pay, the tokenized mobile payment system introduced with the Samsung Galaxy S6, will first attempt to use NFC and then fall back to magnetic stripe emulation technology to offer widest compatibility with merchant terminals,… More

Samsung unveils Galaxy S6 with NFC and LoopPay mobile payments

March 1st, 2015

Owners of Samsung’s new Galaxy S6 flagship phone will be able to make mobile payments at merchants equipped with both legacy magnetic stripe card terminals and those with contactless POS terminals, Samsung boss JK Shin… More

Fibank to launch HCE mobile payments

February 27th, 2015

Bulgaria’s First Investment Bank is joining forces with MeaWallet to provide the bank’s customers with a mobile payments service which uses cloud-based security and host card emulation (HCE) technology. The service will work at all outlets that accept MasterCard PayPass and Visa PayWave payments and is due to launch later this year.

MasterCard reports on HCE payments tests in 15 countries

February 25th, 2015

MasterCard is currently conducting more than 25 host card emulation (HCE) projects in 15 countries, the payments network has announced, with multiple issuers now moving close to commercial deployments. “In offering an alternative to the… More

Berg Insight reports on NFC POS terminal growth

February 24th, 2015

An estimated 9.5m NFC-ready point-of-sale (POS) terminals were shipped worldwide in 2014, research from Berg Insight has revealed, and the company forecasts that the global installed base of NFC-ready POS terminals will grow at a… More

Google exits Kenyan payments venture

February 16th, 2015

BebaPay, a payment card launched by Google and Equity Bank in Kenya in 2013 that let users pay for their bus fare via NFC, is to be discontinued on March 15. “You can either replace your card with the new Equity prepaid MasterCard for free, finish your card balance by 15 March or get a refund after 28 March,” AllAfrica reports.

First Tech to run biometric triple test

February 13th, 2015

First Tech Federal Credit Union is to run a pilot later this year in partnership with MasterCard that will see cardholders being given the ability to authenticate and verify their transactions using a combination of face, voice and fingerprint verification. The pilot forms part of a new US$20m investment by MasterCard in cybersecurity-related technologies that aim to “deliver greater peace of mind for MasterCard cardholders, merchants and issuing banks.”

Apple Pay now live at more than 60 banks

February 5th, 2015

Apple has added more than a dozen new banks to its list of institutions that now support Apple Pay, bringing the total count to more than 60, 9to5mac reports. MasterCard has also announced that cardholders with a consumer credit or debit card from Becu, Fifth Third, First Niagara and Huntington National Bank can now add their cards to the payment service.

MasterCard moves towards MasterPass tokenization

February 3rd, 2015

MasterCard is to incorporate tokenization technology into its MasterPass digital wallet in the near future, CEO Ajay Banga has told analysts during the payment network’s 2014 year end earnings call. “We are very focused on… More

St Petersburg Metro to go contactless

February 3rd, 2015

Commuters in St Petersburg, Russia will soon be able to pay their metro fares by tapping either a contactless card or an NFC device at turnstiles equipped with MasterPass technology. The service is to be rolled out through a partnership between MasterCard, the city’s administration, St Petersburg Metro and Bank Saint Petersburg.

Apple CEO says 2015 will be the “year of Apple Pay”

January 28th, 2015

Apple Pay now accounts for more than two-thirds of Visa, MasterCard and American Express contactless payments by value across the US, Apple CEO Tim Cook has revealed during a first quarter earnings call. Some 750… More

Taiwanese banks to use Wave NFC dongle

January 23rd, 2015

Taiwan Mobile Payment Co (TWMP), the consortium of regional banks bringing NFC payments to market in Taiwan, is to use Oti Wave, the NFC payment dongle developed by On Track Innovations. TWMP was formed in July 2014 by three Taiwanese banking groups and has since signed up 27 banks to use its NFC hub to connect with local carriers. Oti Wave, unveiled in 2012, is certified by Visa and MasterCard, and has also been adopted by Hong Kong ATM network JetCo. The device has also been tested by a major US bank.

MasterCard partners with Masabi

January 15th, 2015

MasterCard has announced a global partnership that will combine its payment technology with Masabi’s JustRide mobile ticketing platform. “The first city to benefit from this alliance will be Athens, where passengers of the Greek capital’s transit systems are now able to use an innovative mobile solution to pay their fare,” MasterCard says. Masabi is active in a number of cities including New York, London and San Diego.

Edenred pilots NFC payments

January 15th, 2015

Meal voucher provider Edenred France is piloting NFC payments with Orange and MasterCard to let users pay for meals with their smartphones in restaurants affiliated to Ticket Restaurant and equipped with a contactless terminal. “We will make this new service available to our clients as soon as possible in view of the progress that mobile payments are making in France,” says Edenred’s Laurent Delmas.

The future of mobile payments at CES: Video now available

January 12th, 2015

The key to mass market adoption of mobile payments will be the creation of a compelling consumer experience that incorporates both payments and value added services, the Future of Mobile Payments session at the International CES 2015, chaired by NFC World’s Sarah Clark, has found. More

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