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MasterPass

News about MasterPass.

MasterCard takes HCE to China

December 5th, 2014

MasterCard’s cloud-based payment service is now available in China, following its initial launch in the US in September 2014. The service makes use of the MasterCard Digital Enablement Service (MDES) tokenization system, the MasterPass digital wallet platform and host card emulation (HCE) technology. The launch will enable Chinese card issuers “to provide additional payment options by simplifying the deployment of NFC technologies and making in-app and online payments easier to set up and complete,” says MasterCard’s Dennis Chang.

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.

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

PrivatBank to offer NFC payments via HCE

February 27th, 2014

Ukraine’s PrivatBank is to launch a cloud-based NFC payments service using host card emulation (HCE). The new Liqpay app will be available to customers with NFC smartphones running Android 4.4 KitKat. They will be able… More

MasterCard buys C-Sam

February 24th, 2014

MasterCard has agreed to acquire NFC technology provider C-Sam. “C-Sam’s on-device application and back-end infrastructure will aid development efforts to enable consumers to use MasterPass both in-store and online across multiple communications technologies, including NFC, QR, barcodes and remote checkout,” says MasterCard. C-Sam’s NFC customers include DNP, Eftpos Australia, Isis, Starhub and TrustNordics.

MasterCard CEO: NFC should be seen as “a longer term effort”

August 5th, 2013

MasterCard CEO Ajay Banga has suggested that NFC should be seen as a longer term effort, while acknowledging that some markets have adopted NFC much faster than others. “I don’t think these are 12 and… More

MasterCard unveils MasterPass digital wallet and mobile payments platform

February 25th, 2013

MasterPass covers in-store and online payments, supports both NFC and QR codes and enables “banks, merchants and partners” to offer their own wallets to consumers. More