Join us in Wellington 4th December and Auckland 27th November
Want to help us test an ads-free Geekzone? Register for webpass now

Geekzone: technology news, blogs, forums
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
MasterCard introduces MasterPass supporting NFC, QR Codes
Posted on 26-Feb-2013 09:28. | Tags Filed under: News.

MasterCard today introduced MasterPass, a digital service that allows consumers to use any payment card or enabled device to discover enhanced shopping experiences that are as simple as a click, tap or touch – online, in-store or anywhere.

“Every device is becoming a shopping device,” said Ed McLaughlin, chief emerging payments officer, MasterCard. “MasterPass brings together all of the ways we pay for things, from traditional plastic cards to digital wallets, and gives consumers the ability to make a payment from wherever they are and with one simple experience.”

MasterPass is the evolution of PayPass Wallet Services, which was announced in May 2012 and has been in production trial with select merchants and issuers.

Consumers around the world will now be able to sign up for the service through financial institutions in Australia and Canada by the end of March, and in the United States and the United Kingdom later. Additionally, MasterPass availability in 2013 will expand to other markets worldwide, including Belgium, Brazil, China, France, Italy, Netherlands, Singapore, Spain and Sweden.

The MasterPass suite of services includes:

• MasterPass checkout services – to provide merchants a consistent way to accept electronic payments regardless of where the consumer may be. For in-store scenarios either at the register or in the aisle, MasterPass will support the use of NFC, QR codes, tags and mobile devices used at points of sale. For online purchases, MasterPass provides shoppers a simple check-out process by eliminating the need to enter detailed shipping and card information with every purchase.

• MasterPass-connected wallets – to enable banks, merchants and partners to offer their own wallets. Consumers can securely store card information, address books and more in a secure cloud, hosted by an entity they trust. The wallet is open, which means that in addition to MasterCard cards, consumers can use other branded credit, debit and prepaid cards.

• MasterPass value added services – to enrich the shopping experience before, during and after checkout. These will include more information like account balances and real-time alerts, loyalty programs, as well as Priceless offers and experiences.

comments powered by Disqus

Trending now »

Hot discussions in our forums right now:

When should you put up your Xmas tree?
Created by Finch, last reply by Fred99 on 30-Nov-2015 14:28 (39 replies)
Pages... 2 3

Ford Eco Sport Titanium-Looking to buy
Created by psychrn, last reply by gzt on 28-Nov-2015 14:08 (37 replies)
Pages... 2 3

Huawei and 2degrees Nexus 6P 64/128 GB offer for Geekzone users
Created by freitasm, last reply by liang0086 on 30-Nov-2015 20:56 (684 replies)
Pages... 44 45 46

Black Friday 2015 - Post Deals here
Created by Finch, last reply by Jax on 30-Nov-2015 17:14 (83 replies)
Pages... 4 5 6

Home Automation and Security - New Install
Created by tarlen, last reply by reven on 30-Nov-2015 14:11 (16 replies)
Pages... 2

Wireless broadband in Wellington?
Created by zhzh, last reply by zhzh on 28-Nov-2015 20:08 (16 replies)
Pages... 2

Has Trade Me had its day?
Created by Rikkitic, last reply by richms on 27-Nov-2015 13:29 (95 replies)
Pages... 5 6 7

How to collect from a debtor - any ideas?
Created by jmh, last reply by turnin on 30-Nov-2015 20:41 (44 replies)
Pages... 2 3