Saturday 28 November 2015 | RSS



    News about MasterPass.

    United Overseas Bank offers HCE mobile payments in Singapore

    November 24th, 2015

    Customers of United Overseas Bank (UOB) in Singapore can now make host card emulation (HCE) based mobile payments for transactions of any value at all Visa PayWave or MasterPass terminals. The new service also makes use of tokenization. More

    SwissWallet to go live for online payments

    November 5th, 2015

    A joint venture between credit card companies Aduno Group and Swisscard and software provider Netcetera is to launch the SwissWallet payments platform in Switzerland. “From mid-November, SwissWallet, in cooperation with MasterPass, can be used in online shops,” the joint venture says. “The launch of contactless payments with an NFC-embedded mobile phone in retail stores as well as international peer-to-peer payment functions are planned for the second half of 2016.”

    MasterCard to tokenize MasterPass

    October 19th, 2015

    MasterCard is to integrate a fully tokenized checkout experience within its MasterPass service, leveraging its MasterCard Digital Enablement Service (MDES). “This gives consumers the freedom to shop more securely online or in-app from any connected device,” the payment network says. “The Buy with MasterPass button is currently found within the website and apps of more than 250,000 merchants globally.”

    Singapore taxis add MasterPass mobile payments

    October 12th, 2015

    Passengers who book one of 17,000 ComfortDelGro taxis in Singapore can now pay their fare using their mobile phone and MasterCard’s MasterPass. “Once a MasterPass wallet is successfully created, they can go to the ComfortDelGro taxi booking app, where they select Connect with MasterPass to pair up their MasterPass account with the taxi booking app for payment of taxi bookings,” the firm says.

    MasterCard partners with P97 to enable mobile payments and rewards at the pump

    October 8th, 2015

    MasterCard has announced a global partnership with mobile payments at the pump provider P97 to enable mobile payments and rewards at gas stations and convenience stores that are equipped with P97’s PetroZone platform. “Powered by… More

    MasterPass volumes up 40% in Europe

    September 14th, 2015

    The number of MasterPass transactions in Europe has increased at an average 40% every month for the last six months and the online payment solution is now accepted at over a quarter of a million retailers around the world, MasterCard has revealed. “MasterPass is shaping the future of online commerce and is providing consumers with a shortcut to what counts,” says MasterCard Europe president Javier Perez.

    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.

    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.

    MasterCard moves towards MasterPass tokenization

    February 3rd, 2015

    MasterCard is to incorporate tokenization technology into its MasterPass digital wallet in the near future, CEO Ajay Banga has told analysts during the payment network’s 2014 year end earnings call. “We are very focused on… More

    St Petersburg Metro to go contactless

    February 3rd, 2015

    Commuters in St Petersburg, Russia will soon be able to pay their metro fares by tapping either a contactless card or an NFC device at turnstiles equipped with MasterPass technology. The service is to be rolled out through a partnership between MasterCard, the city’s administration, St Petersburg Metro and Bank Saint Petersburg.

    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