MasterCard Debuts MasterPass for In-App Payments
MasterCard today announced MasterPass, a new, secure way to make payments within mobile applications. Similar to the mobile payment solution recently announced by Visa, MasterCard's MasterPass stores user credit card credentials in the cloud. App developers embed MasterPass capability and consumers can then make purchases with one click. The app retrieves the customer's payment info through the cloud, which means users don't need to enter their credit card information each time they want to make a purchase from their phone. MasterCard already has several app vendors on board, including Forbes Digital Commerce, Fat Zebra, MLB Advanced Media, NoQ, and Starbucks Australia. MasterCard said MasterPass will be made available to developers and merchants beginning in the second quarter of the year.
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.
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.
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.
Samsung Pay Launches In the US
Samsung today made its mobile payment service, Samsung Pay, available to U.S. consumers.
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.