With UK adoption, MasterCard says MasterPass mobile wallet now accepted at 20K merchants worldwide

MasterCard's "Morning Brew" social media blog includes a couple of interesting tidbits about its MasterPass digital wallet, gleaned from the company's second quarter earnings call. The service, which collects a user's payment details, loyalty and store cards and shipping and...

First NFC-enabled iPhone prepaid mobile wallet launches in Europe

Kalixa Group, DeviceFidelity and MasterCard announced the U.K. launch of the NFC moneto prepaid wallet, according to a release.

MasterCard shows developers some love with Simplify Commerce

Developers are finally getting some well-deserved attention in payments, with a number of payment gateways — from venerable old PayPal to young upstarts like Braintree and Square — doing their darnedest to make payments simple and easy for app developers....

Gemalto providing prepaid cards to Brazilian mobile payment service

Digital security provider Gemalto will supply prepaid EMV payment cards to Mobile Financial Services, the new joint venture formed by Telefónica and MasterCard Worldwide. The news comes as a part of the launch a new payment service called Zuum offered...

German Shell stations to accept NFC-enabled mobile payments

Beginning next year, Shell stations in Germany will introduce contactless and mobile payments with Visa at all of its 2,200 gas stations. Purchases up to €25 ($35) can be made with just a tap on the terminal.

Russian Alfa-Bank piloting NFC mobile payments

For all the debate on NFC, there are plenty of plans afoot to use it for mobile payments. Alfa-Bank, Russia's largest FI, is working with wireless carrier Vimpelcom and card brand MasterCard to run a pilot program using NFC. The...

Far EasTone to pilot NFC mobile payments in Taiwan

Taiwanese carrier Far EasTone Telecommunications Co. said it will trial an NFC mobile payment project beginning later this year.

Visa throws support to mPOS providers

Card brand Visa Inc. has added three mobile point-of-sale providers to its Visa Ready Program, and approved two additional mPOS providers to accept Visa payments, the company said. Mobile POS providers SumUp, iZettle and Swiff have all been included in the Visa Ready Program, giving them access to tools like Visa's APIs and SDKs.

MasterCard, Chungwa Telecom to bring NFC payments to Taiwan

Chungwa Telecom, a Taiwanese mobile network operator, and card brand MasterCard are launching a new NFC mobile payment service. According to Focus Taiwan, the new service will let subscribers to Chungwa store their debit and credit cards from four banks...

Visa to bring mPOS to Taiwan

The Visa mPOS solution will soon be available in Taiwan.

Will EMV technology make prepaids too expensive to issue?

Chip-and-pin technology in prepaid cards would have made the recent $45 million bank swindle virtually impossible to pull off, given that there would be no way to counterfeit prepaid cards using data swiped from online databases. And there's no question...

Dortmunder Volksbank's mobile payment product evolves with new virtual card

German bank Dortmunder Volksbank has announced the release of a new mobile virtual credit card based on MasterCard contactless PayPass technology, using the Giesecke & Devrient trusted service manager solution, and with the cooperation of systems integrator DG Verlag. DG...

PayPal to reach 2 million retail outlets by year-end through Discover

When PayPal announced that its relationship with Discover had been turned on this week, Don Kingsborough, head of retail at PayPal, said the company expected to be in 2 million retail locations by the end of this year. That seemed a bold prediction considering they were in only 250,000 when the news was announced.

Visa Europe improves P2P mobile payments service

Visa Europe has announced major improvements to its mobile payment service Visa Personal Payments, including support for multiple currencies and "immediate payment" functionality. The pending upgrades will let customers make instant person-to-person payments to any Visa cardholder in Europe, in...

Canada first North American market for MasterPass

MasterCard has announced that Canada will be the first North American market to offer consumers the MasterPass digital wallet. Merchants including Porter Airlines, WagJag, Jaunt.ca and Grocery Gateway will make MasterPass available as a payment method on their e-commerce sites,...

Rakuten.com Shopping implements MasterCard's MasterPass

Rakuten.com Shopping has signed up with MasterPass, MasterCard's new digital wallet service. Using MasterPass, consumers can use any payment card or enabled device to buy online or on their mobile.

Visa may have to pay billions for European network

The European banks that currently own Visa Europe are thinking of setting up their own competing payments network in Europe. Not only would this mean new competition for the card giant in its European markets, but it would also mean...

Visa adds Overstock.com to V.me digital wallet

Visa Inc. is adding partners to its V.me digital wallet, announcing that online discount retailer Overstock.com Inc.

Monitise, Visa Europe agree to three year partnership

Monitise PLC and Visa Europe have signed a new three-year commercial agreement, the companies announced. The deal covers the development and deployment of Monitise mobile technology — including Buy Anything mobile services and Bank Anywhere and Pay Anyone products —...

Foursquare teams with Visa, MasterCard on card-user discount program

Foursquare has announced the expansion of its Foursquare Specials for Credit Cards program to accept Visa, MasterCard and most debit cards. The new offering follows the same model as an existing arrangement between Foursquare and American Express: Consumers sync their...

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