MasterCard has revealed that its digital payments platform, MasterPass, has been gaining momentum, driven by the increasing trend among consumers in using it for smaller ticket, everyday payments. MasterCard has also seen a surge in transaction volumes, with a monthly compound average growth (CAG) rate of 38% for MasterPass transactions in Asia/Pacific for 2014. This
Oberthur Technologies (OT), a world leader in digital security solutions for the mobility space announced its selection by QUI! Group in Italy to provide MasterCard smart payment cards to dematerialize luncheon vouchers. QUI! Group decided to innovate by providing consumers with smart payment cards in order to dematerialize traditional paper vouchers and optimize invoicing and
Mint Payments is pleased to announce that its partnership with Bank of New Zealand (“BNZ”) has resulted in the successful deployment and enhancement of BNZ’s “PayClip” payments product, which now enables business owners in New Zealand to accept the full spectrum of card payments, including Visa, MasterCard and EFTPOS through methods such as NFC Contactless,
Heartland Payment Systems, one of the nation’s largest payment processors, announced it has teamed with PAX Technology, Inc., one of the fastest-growing terminal providers in the world, to provide Europay, MasterCard, and Visa (EMV)-compliant payment terminals through its Heartland Secure card data security solution and comprehensive breach warranty. EMV chip-based “smart cards” and terminals are
Following MasterCard’s release of its terminal integration process (M-TIP) specification, version 2.0, FIME has updated its services and test tools offer to align with MasterCard’s latest test methodology. MasterCard requires acquiring banks to perform successful M-TIP testing before a new payment terminal can be deployed. Acquirers can verify if contact and contactless payment implementations comply with the latest
IFC, a member of the World Bank Group, and MasterCard signed an agreement to establish a risk-sharing facility, which is expected to provide millions of people in emerging markets access to electronic payments, a crucial next step in their ongoing collaboration to increase universal financial access by 2020. Electronic payments lower the cost and increase
ProPay, a TSYS company, announce that it is further enhancing online customer checkout options with the addition of MasterPass, the MasterCard digital payment solution that simplifies the entire shopping experience for consumers. MasterPass enables consumers to pay with any enrolled payment card, anywhere, using any device. Enrolling in MasterCard MasterPass is intuitive and simple. Consumers
Making its way across the country, more than twenty new banks and credit unions are now live with Apple Pay giving MasterCard cardholders from California to Florida the opportunity to leverage this simple and secure mobile payment option. Apple Pay continues its rapid growth, delivering payment choice to an increasing number of consumers. MasterCard cardholders
Citizens Bank announced the launch of the Citizens Bank Cash Back Plus World MasterCard, a new credit card offering up to 1.8% cash back with no annual fee and none of the category restrictions or caps on rewards often found with other rewards cards. The new card is the latest offering from Citizens’ Bank Better
Spectators at the Arnold Palmer Invitational Presented by MasterCard (API) no longer have to miss out on the action at the tournament with the introduction of the latest technology from MasterCard. Golf fans will now have access to faster and more secure ways to pay at concession and merchandise point of sale terminals throughout Bay
