MasterCard Enhances Mobile Payment Platform
MasterCard today announced MasterPass, an evolution of its PayPass mobile payments system. The new service encompasses NFC, QR codes, and online payments. It includes a complete solution for merchants for accepting payments and offering integrated loyalty programs. A component for banks allows them to roll out branded mobile wallets, including support for cards other than MasterCard. The service will roll out first in Australia and Canada next month, followed by the U.S. in the Spring, followed by other countries.
Google Launching Android Pay Today
Google said it is making Android Pay, its reborn mobile payment service, available to Android handsets beginning today. The app will be pushed to small batches of users over the next week, according to Google.
Android Pay to Support Payments via Google Assistant
Google this week rolled out the Google Payment API, a new set of capabilities that will allow anyone to make in-app or online payments with any debit or credit card associated with their Google account. Google says this option will simplify the process for people to checkout and make purchases online, as it negates the need to fill out cumbersome purchasing forms.
Mastercard Adds Retail Mobile Payments to Bank Apps
Android owners will soon be able to use their own mobile banking app — rather than Android Pay or Samsung Pay — to make tap-and-go payments in stores. Mastercard has expanded its Masterpass program to mobile devices so consumers can make contactless payments at various retailers.
More Banks Supporting Apple Pay
MasterCard today announced that 25 of its financial institution partners now support Apple Pay with their credit and/or debit cards. Some of the new banks allowing Apple Pay include Centennial Bank, GTE Financial, KeyBank, Meijer Credit Union, and US Bank.
Microsoft Wallet Gains Tap-to-Pay Functionality
Microsoft today updated its Microsoft Wallet app and gave Lumia smartphone owners the ability to make mobile payments at supporting retailers. Windows Mobile has long included a Wallet app, but until today it was reserved for loyalty cards and other retail programs.