July 14, 2016Blog Posts

Mastercard extends digital payment service for NFC contactless use

Mobile World Live:

Mastercard said an upgrade to its Masterpass service means it is the first payments network to support a combination of in-app, online and now in-store contactless payments. Banks will be able to integrate the service into their mobile banking apps, said the card giant. The upgraded Masterpass is launched today in the US, and will be available in the UK next year. “Tens of millions” of cardholders in the US will be the first to use the service later this month, the company said.

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