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MasterCard

News stories featuring MasterCard:

UK consumers increase contactless spending 560% in 12 months

August 26th, 2015

The amount British consumers have spent using their contactless cards has increased 560% in the last 12 months, research from MasterCard has revealed — a more than sixfold year-on-year growth and up from a 373%… More

MasterCard begins Selfie Pay trials

August 24th, 2015

MasterCard is testing a ‘Selfie Pay’ service in the Netherlands with International Card Services and Dutch bank ABN Amro. Some 750 cardholders can verify online transactions with a face or fingerprint scan using their smartphones, while 200 employees of US First Tech Federal Credit Union will trial the service in September. MasterCard unveiled its plans to pilot biometrics for online shopping in July.

TD Bank to pilot NFC payments with Nymi biometric wristband

August 13th, 2015

More than 100 TD Bank customers in Toronto, Canada are to begin piloting an NFC version of Nymi, a biometrically authenticated wristband that uses the wearer’s unique cardiac rhythm to verify their identity. RBC Royal… More

PayPal launches contactless reader in UK

August 11th, 2015

PayPal has launched the new version of its PayPal Here card reader, equipped with contactless, in the UK following its unveiling in March. The reader “accepts contactless transactions payments from Visa, Maestro and MasterCard debit/credit cards along with Apple Pay,” PayPal writes in a blog post. “The new reader is set up to process transactions through chip and pin as well as those taken by swiping the magnetic stripe.”

DigiSEq gets MasterCard approval to provision payments to mass market wearables

August 4th, 2015

MasterCard has approved a solution that enables payment credentials to be provisioned to wearable devices with a secure element and NFC antenna. The move could give consumers the option of buying any wearable from a… More

Samsung and MasterCard prepare Europe for Samsung Pay

July 30th, 2015

Samsung has announced it is extending its global partnership with MasterCard to deliver Samsung Pay to European card issuers using the MasterCard Digital Enablement Service (MDES) — and is currently working with European banks and… More

Colombia festival visitors first to use Plazez mobile payments service

July 28th, 2015

Thousands of visitors at last weekend’s Zona Picnic Club festival in the Colombian capital Bogota have become the first to use a mobile payment service developed by payment processor Paymentez and MasterCard to pay for… More

MasterCard token platform close to Australia launch

July 28th, 2015

MasterCard’s token platform MasterCard Digital Enablement Service (MDES) could soon be rolled out across Australia following its launch in the US in September 2014. Country manager Andrew Cartwright said the final launch date of the tokenization service depended on the banks, but he expected it would be released in the “very near term”, The Australian Financial Review reports.

Burger King adds MasterPass to US app

July 28th, 2015

Burger King is to add MasterCard’s MasterPass functionality to its mobile app, allowing customers in the US to find the nearest restaurant, explore the menu and pay directly with their phone. “The platform securely stores payment and shipping information which is readily accessible when a consumer checks out using the ‘Buy with MasterPass’ button and logs into their account,” MasterCard says.

HKT launches NFC mobile payments service in Hong Kong

July 28th, 2015

Hong Kong Telecommunications (HKT) subsidiary HKT Payment has launched a SIM-based NFC mobile payment service to let customers of its 1010 and Csl mobile service brands pay at more than three million locations worldwide which… More

OneBit tests Bitcoin payments via NFC

July 27th, 2015

Bitcoin mobile wallet provider OneBit has begun alpha testing its mobile payment service which works via NFC at the point of sale wherever MasterCard is accepted. “It will no longer be about whether or not a certain store accepts Bitcoin because the app executes the payment in the local currency,” Cryptocoins News reports. “The company will be announcing a more public version of the software in the coming months.”

25% of Brits to make NFC mobile payment this year

July 24th, 2015

A quarter of British consumers (25%) expect to make an NFC mobile payment in the next year, research from MasterCard reveals. Seven in 10 of the 1,044 respondents worry that if they lost their phone someone could use it to buy things, while more than half fear their phone could be hacked. Four in 10 plan to wait for others to confirm NFC mobile payments are safe before trying it themselves.

Apple Pay goes live across the UK

July 14th, 2015

Apple Pay is now live across the UK, enabling consumers with iPhone 6, iPhone 6 Plus and Apple Watch devices to make NFC mobile payments at more than 250,000 locations and across the Transport for… More

GlobalPlatform makes it easier to launch secure element-based NFC services

July 13th, 2015

Standards body GlobalPlatform has updated its End-to-End Simplified Service Management Framework to make it easier and quicker for service providers to launch NFC payments services using a SIM or embedded secure element. The new guidelines reduce the time taken to deploy a service to just three to six months, and slim down the current 1,500 pages of documentation to only 30 pages. More

MLB offers Apple Pay rewards

July 13th, 2015

Visitors to the 2015 MLB All-Star Game festivities in Cincinnati have the chance to win a Priceless Surprise when using Apple Pay for purchases. “MasterCard cardholders who use Apple Pay at contactless merchandise and concession acceptance locations could get a little something extra — from All-Star branded premiums, autographed memorabilia to prepaid cards and more,” MasterCard says.

Alfa-Bank customers get contactless watches to make payments

July 10th, 2015

Customers of Russia’s Alfa-Bank can now use a contactless-enabled watch designed and supplied by Austrian company Watch2Pay to make payments with a tap of their wrist wherever MasterCard PayPass is accepted. “AlfaPay wristwatch is a… More

Eight in 10 Americans aware of contactless payments

July 10th, 2015

Some 82% of US consumers have heard of contactless or tap-and-go payments and 69% are now using chip cards or plan to use them soon, research from MasterCard reveals. Three quarters of Americans have also… More

Cab:app taxis to accept NFC mobile payments

July 2nd, 2015

More than 7,600 taxi drivers in 90 cities across the UK and Ireland can accept NFC mobile payments from passengers using the taxi-hailing app Cab:app through an mPOS gateway provided by Payworks.  “Drivers are now able to accept physical Visa, MasterCard and American Express card payments directly from the Cab:app application using NFC-enabled chip & PIN card readers,” the company says, adding that frequent passengers can pay directly from the app.

Las Vegas gets park and reward meters

July 2nd, 2015

Drivers in Las Vegas can pick up offers from local businesses via 16 interactive on-street parking meters. The service is part of the City Connector project launched by MasterCard and fare collection systems provider Parkeon. “Customers can select any deals using the terminals’ interactive screens, after which the relevant coupons are immediately printed and redeemed at the POS when visiting the merchant,” Parkeon explains.

MasterCard to pilot biometrics for online shopping

July 2nd, 2015

MasterCard is to test a system that will approve online purchases with a face or fingerprint scan later this year. “If you choose fingerprint, all it takes is a touch. If you go with facial recognition, you stare at the phone, blink once, and you’re done,” CNN reports. “To pull this off, MasterCard said it has partnered with every smartphone maker.” The pilot will involve 500 customers.

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