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MasterCard

News stories featuring MasterCard:

Citi launches digital wallet

August 27th, 2014

Financial services giant Citi has launched a digital wallet that uses MasterCard’s MasterPass technology to let US credit card holders “more quickly and conveniently make purchases at thousands of online merchants”. Customers who sign up for Citi Wallet will “no longer have to enter their credit card, billing and shipping information when making purchases,” the bank says.

Walmart moves to EMV

August 26th, 2014

Walmart MasterCard holders are to receive a replacement card “in the next few weeks” that includes an EMV chip. “Walmart has long been a proponent for EMV chip technology and installed EMV-capable terminals in stores about eight years ago,” SVP Mike Cook and MasterCard North America president Chris McWilton explain. “These terminals are now activated in more than 4,600 stores, including all Sam’s Club locations. Terminals in the remaining US stores will be activated before the end of the year.”

US to get 575m chip cards next year

August 21st, 2014

More than 575million EMV payment cards will have been issued by the end of 2015 by nine leading US card issuers who are members of the Payments Security Task Force (PST), an organisation set up in March 2014 “to drive executive level discussion that will enhance payments system security”. Members of the PST include Bank of America, Capital One, Chase, Citi, Discover, First Data, MasterCard, Visa, US Bank and Wells Fargo.

Consult Hyperion demos EMV mobile payments over BLE on an iPhone

July 22nd, 2014

UK payments technology specialist Consult Hyperion has unveiled a proof-of-concept solution that uses Bluetooth Low Energy (BLE) and host card emulation (HCE) to enable both iPhone and Android NFC phone owners to make MasterCard, Visa… More

Base launches NFC payments and coupons in Germany

July 17th, 2014

German customers of mobile network operator Base, part of the E-Plus group, can now make payments, store membership cards and redeem coupons with their NFC phone. Giesecke & Devrient is providing Base with the SkySIM… More

Visa Inc abandons digital wallet ambitions, Visa Europe to continue investing

July 17th, 2014

Visa Inc is replacing its V.me digital wallet service with Visa Checkout, a new payment service that enables consumers in the US, Canada and Australia to pay for goods online, on any device, in “just… More

Australian supermarket chain launches mobile wallet that works with NFC stickers

July 15th, 2014

Australian supermarket chain Coles has launched the Coles Mobile Wallet, an iOS and Android app that works in conjunction with an NFC sticker to provide customers with a way to make mobile payments, manage their… More

Two thirds of UK smartphone owners open to the idea of mobile wallets

July 10th, 2014

Two thirds of UK smartphone owners are open to the idea of using a mobile wallet, according to a survey conducted by Marketing Sciences — but most consumers want to use a mobile wallet to… More

Hungarian Mobile Wallet Association reports NFC pilot results

July 7th, 2014

Participants in The Hungarian Mobile Wallet Association’s MobilTarca NFC pilot made 41,000 payments valued at more than 120 million HUF (US$525,000) during the first 12 months of the trial, the association has revealed. Users also… More

Russian Standard Bank adds embedded NFC payments

June 30th, 2014

Russian Standard Bank has partnered with Samsung and MasterCard to offer NFC payments to consumers with a Galaxy S4 or Note 3 mobile phone. The service is the second embedded NFC payments service to be… More

DeviFi offers NFC and Qi for iOS

June 19th, 2014

DeviceFidelity has introduced a module that can be used by case makers and other accessory providers to add NFC payments and wireless charging functionality to an iOS device. The new Multi-Mode Module supports a SIM-based secure element, the Power Matters Alliance (PMA) and Wireless Power Consortium (Qi) standards and “will be certified for mobile payment by major payment networks — Visa, MasterCard, American Express and Discover”.

Spanish banks and carrier launch mobile offers platform that links discounts to bank cards

June 17th, 2014

Yaap, a joint venture between Spanish banks CaixaBank and Banco Santander and mobile network operator Telefonica, has launched a mobile commerce platform that lets consumers access merchant offers on their mobile device and then redeem… More

French bank card association backs biometric payments

June 16th, 2014

Groupement des Cartes Bancaires CB, the French bank card association which pioneered the use of chip cards for payments in the 1980s, expects to enable member banks to issue customers with keyfobs supporting fingerprint payments… More

Bendigo Bank launches QR code mobile payments in Australia

June 12th, 2014

Australia’s Bendigo Bank has partnered with Samsung to rollout Redy, a mobile payments service that lets shoppers make payments and receive rewards by scanning a QR code generated by a merchant’s tablet-based POS terminal. The… More

PrePay Solutions to offer HCE payments

June 12th, 2014

PrePay Solutions (PPS), a prepaid card program manager jointly owned by MasterCard and Edenred, has partnered with NFC specialist Proxama to provide its clients the ability to offer host card emulation-based NFC services to their… More

Barclaycard to introduce contactless payment wristbands

June 11th, 2014

Barclaycard is to make contactless payment wristbands available to anyone with a UK bank account or credit card next year. The reloadable bPay Bands will be offered free of charge with no usage fees and… More

South Shore Line introduces mobile ticketing for Chicago commuters

June 5th, 2014

Northern Indiana Commuter Transportation District (NICTD) has partnered with mobile ticketing provider Bytemark to provide travellers on the South Shore Line with a way to purchase and store train tickets on their mobile device. After… More

Groupon lets merchants redeem vouchers via BLE

May 23rd, 2014

Prepaid voucher provider Groupon has launched an iPad-based point-of-sale terminal that uses Bluetooth Low Energy (BLE) to let merchants “instantly recognize their Groupon customers as they enter their business, seamlessly redeem Groupons and save time… More

Standard Bank rolls out mobile payments to 10,000 merchants in South Africa

May 22nd, 2014

Standard Bank, one of South Africa’s largest financial services groups, has launched a service that allows small merchants to accept mobile payments by simply placing a QR code at their point of sale, with no… More

OTP Bank launches mobile payments in Hungary

May 12th, 2014

Hungary’s OTP Bank has launched a mobile wallet that allows consumers to pay in stores by scanning a QR code placed next to the cash register. The new OTPay service can also be used to… More

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