Mastercard Digital Enablement Service (MDES)
News about Mastercard Digital Enablement Service (MDES).
October 25th, 2016
Mastercard has announced a partnership with wearable payments platform provider Fit Pay to bring contactless payments to wearables and internet of things devices. The payments giant says the companies will integrate the Fit Pay platform with the MasterCard Digital Enablement Service, and work with Wearatec and other device manufacturers to develop a “variety of secure contactless payments-enabled devices”. More than 2.5m devices are expected to be enabled for payments in 2017, Fit Pay says, with the number rising to more than 9m in 2018.
October 19th, 2016
PARTNER NEWS: Norwegian financial services provider Evry is licensing Giesecke & Devrient’s (G&D) Convego CloudPay mobile payment solution to make NFC and host card emulation (HCE) mobile payment services available to its banking customers across…
April 11th, 2016
More than a third (38%) of all payments made across Europe will be digital by 2020, MasterCard predicts. The payment network’s MasterCard Digital Enablement Service (MDES) is now in progress in 18 European countries and already connects banks representing more than 70% of UK account holders to Apple Pay, the company adds.
April 5th, 2016
MasterCard is working on more than 60 projects involving its MDES tokenization platform in Europe, the payments network has revealed. “Today card issuers and wallet service providers have MDES projects in progress in 18 countries across Europe,” MasterCard says, and the service is currently being used to connect banks “representing more than 70% of UK account holders” to Apple Pay.
February 23rd, 2016
PARTNER NEWS: Giesecke & Devrient (G&D) has integrated its Convego CloudPay solution with the MasterCard Digital Enablement Service (MDES) to enable issuers to work directly with G&D to implement tokenization for their host card emulation (HCE)…
February 22nd, 2016
Connected device maker Coin has launched a developer program to accelerate the integration of payments into wearables. “The program will enable access to the MasterCard Digital Enablement Service (MDES) to securely digitize MasterCard payment credentials and further reduce the barrier to entry for device manufacturers,” partner MasterCard says. Coin and MasterCard announced their plans to enable NFC payments on a range of wearable devices in January 2016.
January 6th, 2016
Connected device maker Coin has partnered with MasterCard to enable NFC payments on a range of fitness bands, smartwatches and other wearable devices. Fitness wearable designers Atlas Wearables and Moov and smartwatch provider Omate are the first to implement the NFC payments technology into their products.
October 27th, 2015
Wearable payments startup PureWrist has begun taking pre-orders for a bracelet that comes equipped with a prepaid MasterCard account and lets its wearer make NFC payments at any contactless terminal with a tap of the wrist. The company showcased the product during its StartupPitch180 presentation at Money20/20.
October 26th, 2015
MasterCard has extended the capabilities of its tokenization service to enable payments to be made using “virtually any device”, including NFC-enabled clothing, jewellery and vehicle keyfobs. “Products will begin rolling out in 2016 in the US,” the payments network says, “with plans to expand to other markets.”
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.”
October 16th, 2015
MasterCard is to provide tokenization services to commercial credit card issuers, enabling corporations and business travellers to load eligible corporate credit cards within participating mobile and digital wallet services using the MasterCard Digital Enablement Service (MDES). “MasterCard will now enable tokenization across virtually all its products — consumer credit, debit and prepaid cards as well as small business and commercial cards,” the payment network says.
October 15th, 2015
Capital One has become the first US bank to enable NFC payment capability within its own mobile app to allow customers to pay at any contactless terminal using their mobile device. The service makes use…
October 15th, 2015
PARTNER NEWS: Transaction technology provider Carta Worldwide has introduced an appliance-based turnkey solution that aims to dramatically reduce the time it takes for large banks, processors and domestic networks to bring tokenized HCE mobile payment…
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…
September 9th, 2015
Google and Samsung are among the first digital partners to join MasterCard’s newly launched Digital Enablement Express program which aims to speed up the process of digitizing and tokenizing MasterCard accounts through the MasterCard Digital Enablement…
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…
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.
June 16th, 2015
MasterCard is to extend its tokenization services to merchants with in-app, ecommerce and recurring billing card-on-file programs as well as to private label credit cards. The move follows the expansion of Apple Pay to include store-branded debit, credit and loyalty cards. The tokenization services will be available to US and Canadian merchants later this year and will expand across all MasterCard Digital Enablement Service (MDES) markets.
March 1st, 2015
Samsung Pay, the tokenized mobile payment system introduced with the Samsung Galaxy S6, will first attempt to use NFC and then fall back to magnetic stripe emulation technology to offer widest compatibility with merchant terminals,…
March 1st, 2015
Owners of Samsung’s new Galaxy S6 flagship phone will be able to make mobile payments at merchants equipped with both legacy magnetic stripe card terminals and those with contactless POS terminals, Samsung boss JK Shin…