News about Masterpass.
January 17th, 2017
US bank Fifth Third has announced it will support the five major mobile payment services — Android Pay, Apple Pay, Masterpass, Microsoft Wallet and Samsung Pay. “Consumers are rapidly adopting mobile payments and we are providing our customers with every option available,” says Jimm Bell from Fifth Third. The bank has witnessed a 133% increase in mobile payments among its customers since it added Apple Pay support in 2015.
December 16th, 2016
The tokenization agreement signed yesterday by Visa and Mastercard will help to address the “lack of comprehensive tokenization across brands”, a key merchant barrier to adopting the technology, Visa’s VP of digital products Vish Shastry…
December 15th, 2016
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. The agreement will “accelerate the adoption of tokens” across both digital payment platforms, says Mastercard’s James Anderson.
November 28th, 2016
South Africans can now use Mastercard’s Masterpass digital wallet to pay for goods and services at more than 30,000 merchants accepting SnapScan in South Africa, using their mobile phones by scanning a QR code at…
November 16th, 2016
Customers of India’s RBL Bank can now make QR code-based mobile payments using Mastercard’s Masterpass QR mobile payments solution, which has been integrated as a payment option within the bank’s OnGo mobile wallet. “Shoppers can…
November 3rd, 2016
Passengers on National Express bus services across the West Midlands in the UK can now buy monthly travel passes and have them validated directly on their smartphones. The service is making use of Masabi’s JustRide cloud-based mobile ticketing and fare collection system. “As part of the National Express deployment, Masabi will be using Mastercard Payment Gateway Services to enable simple, safe and secure in-app digital payments,” Masabi says. Future updates will enable riders to make payments through Mastercard’s Masterpass digital wallet.
October 31st, 2016
Drivers will soon be able to make purchases from within vehicles using their Masterpass account through OnStar — a subscription-based, in-car communications service and General Motors (GM) subsidiary. The Masterpass-enabled service, designed in collaboration with…
October 25th, 2016
Mastercard has unveiled plans to launch artificial intelligence (AI) bots for its merchant and bank partners, allowing consumers to use chat, messaging and natural language interfaces to shop and manage their finances. Mastercard KAI, the…
October 24th, 2016
Mastercard has signed deals with Google, Samsung and Microsoft to allow its customers that use Android Pay, Samsung Pay or Microsoft Wallet to shop online wherever Masterpass is accepted, while Google has announced a similar…
October 21st, 2016
Pan-African banking group Ecobank has signed a memorandum of understanding (MoU) with Mastercard to roll out Masterpass QR mobile payments across 33 African countries. In what the payment company says is the largest Masterpass deal…
September 12th, 2016
Ecobank customers in Nigeria will soon be able to make in-store payments by scanning a QR code using their mobile phone or entering a merchant identifier into their feature phone. The bank has worked with Mastercard to launch the Ecobank Masterpass QR service, an enhancement to the Masterpass digital payment platform. It will enable “millions of micro, small and medium enterprises in Nigeria to accept fast and secure digital payments from consumers for the first time,” Mastercard says. Ecobank plans to introduce Ecobank Masterpass QR to 34 other markets.
September 8th, 2016
Digital payments platform Masterpass has been available to 200m consumers in Europe as of the end of June 2016. “40 major issuers across 18 countries in Europe are now using Masterpass to integrate digital payments into their services,” Mastercard says. The company unveiled an enhanced version of Masterpass in July 2016 to enable in-store NFC mobile purchases through the platform.
July 18th, 2016
Mastercard has unveiled an enhanced version of its Masterpass digital payment platform, adding in-store NFC mobile payment capability to the service that has so far only been available for online and in-app payments.
June 14th, 2016
Android Pay tops the list of the most popular mobile payment services used by US consumers with 19% saying they have made an in-store payment via the service, research from Walker Sands reveals.
May 24th, 2016
Customers at Pizza Hut locations in Asia will soon be able to place orders, receive offers and complete payments on a tablet held by Pepper, a humanoid robot developed by SoftBank Robotics. The transactions will be completed through MasterCard’s MasterPass digital wallet service.
February 24th, 2016
Customers of Hungarian mobile network operator Telenor can now make online and in-app payments using Telenor Wallet and MasterPass. “The introduction of the new feature is unique as Telenor Wallet is the first MNO integrating MasterPass functionality into their wallet,” MasterCard says. “Register a bank card and other data necessary for the transaction once in the Telenor Wallet app and choose the ‘Buy with MasterPass’ option at the end of the shopping experience.”
February 23rd, 2016
The 120 member credit unions behind mobile payment platform CU Wallet can now offer MasterCard’s MasterPass digital wallet service to their customers through their own branded mobile apps. “CU Wallet’s on-device application and back-end infrastructure will enable consumers to use MasterPass to simply and safely make purchases in-store, online or in-app with any payment card across multiple communications technologies, including NFC, QR/barcodes and remote checkout,” MasterCard says.
February 11th, 2016
Commuters on Dublin Bus and Iarnród Éireann rail services may soon be able to pay for transport with a tap of an NFC device under plans put forward by public transport operator CIÉ. “Plans published by CIÉ show that it wants to upgrade its IT systems to accommodate new forms of payments, including Apple Pay, Samsung Pay and Stripe,” Independent.ie reports. “The semi-state transport company is also eyeing alternative payment systems such as Android Pay, MasterPass and Visa Checkout.”
December 14th, 2015
Visa has announced that the host card emulation (HCE) based mobile payments service launched by United Overseas Bank (UOB) in November is the first in Asia Pacific to make use of the Visa Token Service. “UOB has implemented the Visa Token Service as part of its digital wallet UOB Mighty,” Visa says. The service lets customers in Singapore make mobile payments for transactions of any value at all Visa PayWave or MasterPass terminals.
December 7th, 2015
Mobile ticketing specialist Masabi has secured investment from MasterCard, Lepe Partners, MMC Ventures and public transport operator Keolis amounting to US$12m. “MasterCard and Masabi are working together to help drive cash and its associated costs out of public transport including integrating the one-touch MasterPass digital wallet platform into JustRide,” Masabi says.