Intel, MasterCard and NXP Semiconductors are teaming up to deliver two-factor authentication via MasterCard-branded contactless cards for online payments. As a result of the partnership, Intel's 4th Generation Core processors with embedded NFC readers from Eindhoven, Netherlands-based NXP will be used in mobile phones, tablets, notebooks, Ultrabooks 2-in-1 and All-In-One PCs.

Online shoppers using MasterCard's MasterPass digital service will be able to make payments by tapping their MasterCard contactless card or NFC-enabled mobile phone against the built-in NFC reader and complete the transaction with positive identity authentication provided by Intel's Identity Protection Technology.

Intel's 4th Generation Core processor-based devices containing NXP's NFC technology and using IPT will improve and secure consumers' online shopping experience, Praveen Vishakantaiah, VP and general manager of client solutions and technologies at Intel PC Client Group, said in a press release.

Learn more about contactless/NFC.