#MasterCard said Monday it has inked agreements to integrate #MasterPass with digital wallet services from #Google, #Samsung, and #Microsoft.
Starting early next year, MasterCard card holders that use #AndroidPay, #SamsungPay, or #MicrosoftWallet will be able to use the same tokenized credentials and device authentication methods to complete online transactions at any merchant site that accepts MasterPass.
First announced in 2013, MasterPass is the core to MasterCard's digital strategy. Similar to Amazon.com's 1-Click ordering button, the MasterPass service stores all payment information, including card details from both MasterCard and other payment networks, shipping information, and payment preferences in one place.
For MasterCard, the aim with MasterPass is to support all forms of commerce in order to address the broadest range of merchants and consumer preferences. Strategically this means pitching convenience for consumers and a wider customer reach for merchants.
MasterCard added that merchants currently accepting MasterPass will be able to accept Android Pay, Samsung Pay, and Microsoft Wallet without additional development work.
"Enabling our cardholders to use digital wallets to shop online via MasterPass is the latest example of our work -- alongside our banks, merchants and digital partners -- to deliver rich, innovative, compelling and secure ways to pay and get paid across all channels and devices, redefining commerce globally," said Garry Lyons, chief innovation officer at MasterCard.
No comments:
Post a Comment