News stories featuring MasterCard:
June 28th, 2016
Google has begun rolling out Android Pay across Singapore, marking the mobile payment service’s debut in Asia. It will work with MasterCard and Visa cards from DBS Bank, OCBC Bank, POSB Bank, Standard Chartered Bank and UOB.
June 27th, 2016
Customers of Vodafone Italia can now make NFC mobile payments through PayPal using the mobile network operator’s Vodafone Wallet. The service will allow for in-store payments at any Visa contactless terminal across the country.
June 24th, 2016
Discover has unveiled Discover Quick Chip, a new option for merchants to streamline the checkout process when customers pay with cards. “Discover Quick Chip will reduce the time a chip card needs to remain in the point of sale terminal, making the checkout process more convenient for merchants and cardholders,” the card network says. American Express also unveiled a similar offering earlier this month. Visa originally unveiled a feature designed to streamline EMV transactions in April 2016, closely followed by MasterCard.
June 22nd, 2016
Microsoft has introduced an NFC payment feature for users of Windows 10 Mobile devices in the US through its Microsoft Wallet app. The company says the move comes “in response to feedback” from its customers and with…
June 21st, 2016
More than two thirds of UK consumers (68%) believe that cashless technologies will completely replace physical money by 2036, research released by the Mayor of London’s promotional company London & Partners reveals. The figure is higher in London, where three quarters of people believe cash will disappear within 20 years. The research is based on 2,000 respondents and has been released to coincide with London Technology Week, hosted by London & Partners and MasterCard.
June 17th, 2016
Samsung Pay has gone live in Singapore, enabling customers of Citibank Singapore, DBS Bank Singapore, POSB Bank Singapore, OCBC Bank and Standard Chartered to make mobile payments with their compatible smartphone wherever MasterCard or Visa is accepted. The mobile payments service launched in Australia on June 15 and plans to roll out Samsung Pay in Singapore on June 16 were revealed last week.
June 16th, 2016
The UK startup behind the Kerv NFC payments ring has teamed up with payment solutions provider PSI-Pay to enable a greater range of payment options on the device. “The partnership utilises PSI-Pay’s MasterCard licence which will enable users of the Kerv contactless payment ring to pay in 38m locations worldwide,” Kerv says. “Users will be able to fund their account via debit or credit card, bank transfer or PayPal.” Kerv launched a fundraising campaign on Kickstarter in October 2015.
June 15th, 2016
American Express has unveiled Amex Quick Chip, a technology that enables merchants to provide cardmembers with a “more seamless” experience when paying with their EMV chip cards at the point of sale. “With Amex Quick Chip, cardmembers can dip their card during the checkout process and remove it before the transaction is completed,” American Express says. “Amex Quick Chip is available to merchant processors which may deploy the service to interested US merchants through a software update.” Visa unveiled a similar service in April 2016, closely followed by MasterCard.
June 14th, 2016
Tesco Bank and MasterCard are working together to “enhance mobile and digital payments” at the supermarket giant to make it easier for Tesco customers to pay. “The partnership will identify and deliver new safe and secure digital payments solutions for customers when shopping in-store, online and on mobile devices,” MasterCard says.
June 14th, 2016
MasterCard will support the launch of Apple Pay in Switzerland, following the announcement that the mobile payment service is set for expansion across Switzerland, France and Hong Kong at Apple’s WWDC event this week. “We are involved wherever it launches,” the payment network confirmed to NFC World.
June 10th, 2016
Samsung Pay is to begin rolling out across Singapore on June 16, making it the first country in Southeast Asia to get the mobile payment service. It will launch with support from American Express, MasterCard and Visa and major banks.
June 3rd, 2016
Customers of VTB Bank in Georgia can now add their MasterCard debit and credit cards to its VTB Mobile Pay host card emulation (HCE) based mobile payment service following its launch with Visa and technology provider PriNum in October 2015. “The reception of Mobile Pay since its launch has been positive and the service has already seen success in terms of availability and adoption by consumers,” says PriNum CEO Andriy Galyapa.
May 27th, 2016
One in four British consumers intend to use their mobile phone to make NFC-based mobile payments in the next 12 months, according to research from MasterCard. One in 20 are already making NFC mobile payments once…
May 26th, 2016
MasterCard is working with other payment networks, acquirers and processors to develop a standard that will reduce EMV checkout times. “These efforts will be based on the company’s M/Chip Fast solution,” MasterCard says. “It builds on the principles of contactless or tap and go technology, helping to speed EMV transactions and shoppers through checkout lines. Testing and certification for M/Chip Fast is streamlined for efficient adoption.” The company unveiled M/Chip Fast in April 2016.
May 25th, 2016
Consumers in Singapore can now add their MasterCard and Visa cards to Apple Pay, after the mobile payment service launched there in April 2016 with support from American Express alone. Five of the country’s major…
May 24th, 2016
Customers at Pizza Hut locations in Asia will soon be able to place orders, receive offers and complete payments on a tablet held by Pepper, a humanoid robot developed by SoftBank Robotics. The transactions will be completed through MasterCard’s MasterPass digital wallet service.
May 23rd, 2016
German payments technology provider Wirecard is supporting the launch of Curve, a physical payment card that will let consumers store an unlimited number of bank cards and make contactless payments at POS terminals where MasterCard is accepted. “The card and smartphone app solution is supported by Wirecard’s technology, ensuring global usage of the Curve card,” Wirecard says. “Curve is initially providing the card to small business users.”
May 18th, 2016
Google has launched its Android Pay mobile payment service across the UK, allowing consumers to make payments at any contactless terminal with a tap of their Android handset. The service launches with support from MasterCard, Visa and eight British banks, “with new banks being added all the time,” the company says.
May 17th, 2016
Australian banks ANZ and Westpac are completing plans to launch Android Pay in the country “mid this calendar year”, according to The Sydney Morning Herald. “ANZ and Westpac, including its subsidiaries St George, Bank of Melbourne and Bank of South Australia, will join Bendigo and Adelaide Bank, ING Direct, Macquarie Bank and Cuscal as the first to offer Visa, MasterCard and Eftpos on Android Pay,” the publication says. Google announced its plans for an Australian launch of Android Pay in December 2015.
May 10th, 2016
TD Bank and Scotiabank will soon support Apple Pay in Canada, following the announcement that MasterCard, Visa, Interac and five other banks have also added their support to the mobile payment service. Apple Pay launched in Canada with the support of American Express alone in November 2015.
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