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MasterCard

News stories featuring MasterCard:

MasterCard launches P2P payments service

May 20th, 2015

MasterCard has unveiled a P2P payments service that lets consumers send and receive funds “within seconds” from “virtually any” US debit card account. “Through a single connection to the MasterCard Send platform, businesses, merchants, governments, non-profits, issuers and other senders can send money to consumers whether they are banked or unbanked, located domestically or abroad,” the company says. “This includes the receipt of funds on MasterCard and non-MasterCard cards, into mobile money and bank accounts and via cash agent outlets.”

Payments veteran Buffy Duke joins Carta

May 8th, 2015

PARTNER NEWS: Transaction technology provider Carta Worldwide has hired Elizabeth “Buffy” Duke as its vice president of business development. Duke’s 25 year career has included senior positions at MasterCard, C-Sam and Network for Electronic Transfers… More

O2 buys out Weve partners and drops mobile payment plans

May 5th, 2015

O2, one of the three UK mobile network operators that formed the mobile commerce joint venture Weve three years ago, has bought out partners EE and Vodafone to operate the brand as a wholly-owned subsidiary — and… More

Yandex offers mobile payments at 1,300 Ukraine fuel stations

May 1st, 2015

Ukrainian drivers can now pay for fuel at more than 1,300 outlets across the country using a mobile payment service launched by Russian internet company Yandex, in partnership with PrivatBank and MasterCard. To use the service,… More

Discover to add support for Apple Pay

April 27th, 2015

Apple Pay will be supported by all major US credit card companies “beginning this fall” after Discover announced plans to join Visa, MasterCard and American Express in letting its cardholders add cards and make NFC… More

Sabadell HCE wallet to go live in July

April 14th, 2015

Spain’s Banco Sabadell is to make its HCE-based mobile payments service, developed in partnership with MasterCard, available to customers in July. The launch follows a pilot conducted with the bank’s employees using a platform provided by Carta Worldwide. “To use Sabadell Wallet, users will have to have a smartphone with Android operating system (at least in Kitkat version) and NFC availability,” the bank says.

New Zealand NFC wallet venture Semble goes live

March 31st, 2015

Close to one million New Zealanders now have the ability to make NFC payments with the nationwide launch of Semble, a SIM-based mobile wallet introduced by two New Zealand banks, three carriers and payments network… More

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.

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