Question. What’s the biggest misperception about MasterCard’s MasterPass mobile commerce platform? Answer. That it’s just a digital wallet. MPD CEO Karen Webster caught up with Vib Prasad, Group Head of MasterPass to chat about the platform strategy that underpins MasterPass, how it plans to keep...
The Russian government announced that in order for Visa and MasterCard to continue operating in the country without paying a huge security deposit, the card companies just need to do one thing: find a Russian payment system deemed “of national importance” to process their transactions....
MasterCard’s latest Card Personalization Validation module in the Collis EMV Personalization Validation Tool qualified by MasterCard, including the U.S. Common Debit AID, according to a UL release. The tool will be used to support EMV card issuers in the U.S., and specifically “checks if MasterCard...
Fifty-seven percent of MasterCard cardholders in the U.S. said they want EMV chip cards pretty much right away. The question of “What is EMV?” is being replaced by “When will I get my card?” In a recent podcast interview, MPD CEO Karen Webster asked MasterCard’s...
The SHAZAM Network announced yesterday that has teamed up with MasterCard to offer an EMV debit solution to its participants, according to a SHAZAM release. The Network expects the chip card adoption to decrease fraud and increase transaction security, and the agreement provides all Network...
Jumping into the lucrative world of in-app purchasing – where free games can make as much as $1 million per day – MasterCard will enable in-app payments for its MasterPass digital payment system beginning in early August, the company announced in recent blog post. Retailers will...
Times have changed since Discover and American Express both helped the U.S. Justice Department prove its case that Visa and MasterCard exerted too much competitive influence in the card market by preventing banks from issuing cards carrying their brand marks. Now Discover has turned against...
Who better than a mobile operator to actually deploy mobile authentication solutions for commerce? Well, that’s at least the opinion of AT&T who soon plans to test a service for international travelers so that they can avoid declined card transactions. How will their solution compete...
U.K. citizens want more mobile banking, but British businesses have been slow to adapt to eCommerce, according to MasterCard. “I believe we need to prioritize support for innovative start-ups, businesses in the eCommerce and mobile payments sector for example, which are in a unique position...
