Microsoft rolls out support for Masterpass payments

Microsoft Pay is now available with Masterpass — Microsoft — “US-based consumers using the latest Microsoft Edge browser on Windows 10 devices can sign in to their Microsoft account and use Microsoft Pay to make secure purchases wherever Masterpass is accepted online. More broadly, Microsoft Pay allows for a seamless and convenient consumer experience within the Microsoft ecosystem, including paying bills in Outlook, and buying goods or services in apps or bots.”


US merchants increase support for NFC in stores, cut back on Apple Pay and Google Pay online

New survey finds fewer merchants accepting Apple Pay — Kount — “Support is up across the board for near field communication (up from 29% to 37%) and other mobile payments at the physical point-of-sale… Online merchant support for Apple Pay has gone down from 48% to 35%, Google Pay (previously Android Pay), is down from 38% to 25%, support for PayPal increased (from 48% to 64%) while 10% accept AliPay and 10% accept other e-wallets. The share of merchants who accept Samsung Pay, Visa Checkout, MasterPass, and Chase Pay all stayed constant from last year.”


Card networks to co-develop single buy button for online transactions

Shiny new button may help Visa, Mastercard and AmEx fight PayPal — Bloomberg — “Visa Inc and Mastercard Inc, the world’s largest card networks, told an industry conference they will combine their Visa Checkout and Masterpass payment options into a single button. Spokesmen for American Express Co and Discover Financial Services said their firms also will join the project… The new system will rely on Visa and Mastercard’s token technology.”


Mastercard demos payments in augmented reality

Mastercard eyes the future of retail with Augmented Reality shopping experience — Mastercard — “This new AR experience from Mastercard will not only let shoppers view digital representations of products before they commit to a purchase, but also learn more about what they are buying, see additional options not available in the physical location and get instant recommendations or other information relevant to their unique experience. When done shopping, users can pay for items using Masterpass, which will first authenticate the user’s iris.”


Swarovski lets shoppers make payments in VR

Mastercard and Swarovski launch virtual reality shopping experience — Mastercard — “Once the consumers decide and select the piece from the collection that they want to purchase, they can add it to the cart and check out by focusing their gaze on the Masterpass button that appears at the bottom of the product description. When the consumer exits the application or the session detects that the headset has been removed, the consumer will be automatically logged out of their Masterpass account to protect against unintended purchases.”


Citi Pay launches in the US

Citi Pay launches in the US — Citi — “Online and in-app purchases will be enabled through Citi’s integration of Masterpass… For Android users, the digital wallet also enables Citi cardholders to make in-store purchases by tapping their Android mobile devices at any NFC-enabled point-of-sale terminal… In 2016, Citi Pay launched in Singapore, Australia and Mexico with tap and pay capabilities.”












Mastercard and Visa sign tokenization agreement

Mastercard and Visa have signed a tokenization agreement that will allow Mastercard to request tokenized Visa credentials from Visa for provisioning into Masterpass and Visa to request tokenized Mastercard payment credentials from Mastercard for provisioning into Visa Checkout... More





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