What does it take to enable the future of commerce? We’re no longer talking contactless payments on just smartphones and tablets – the focus is now on turning every device into a commerce device, says MasterCard’s Chief Emerging Payments Officer Ed McLaughlin. To coincide with...
Mobile-payments startup Mozido has collected the first $185 million of a planned $400 million round of financing led by MasterCard, the Austin Business Journal reported on Wednesday (Oct. 22). Mozido said it will use the Series B funding for “strategic acquisitions” to expand into China,...
Newgen Software and MasterCard are working today to support faster and more secure B2B payments throughout Asia Pacific. The joint service from the pair “will help enterprise customers digitize their Procure-to-Pay and Order-to-Cash processes, offering them efficient and seamless payments processing and reducing overall costs....
MasterCard is labeling “successful” a biometrics payments trial (facial plus voice) where more than 14,000 transactions were confirmed in a closed iOS and Android pilot using only MasterCard employees, according to a Computerworld report. An employee-only trial would ostensibly solely be a test of the...
Say what you will about Apple, but when it throws one of its product rollout parties, almost everyone wants to play. With Apple’s first official step into mobile payments Tuesday (Sept. 9) and the unveiling of Apple Pay, few in payments wanted to be excluded....
MasterCard announced that it has selected the first class of 7 European start-ups to develop innovative commerce solutions as part of the inaugural MasterCard Start Path accelerator class, according to a company release.
China’s DHgate recently integrated and deployed MasterPass into its B2B eCommerce platform, becoming the first merchant in that country to go live with MasterCard’s digital-wallet service. In doing so, it has enabled a simplified online-payment process for its cross-border customers, 90 percent of whom pay...
What do giant jars of mayonnaise, value shoppers and EMV-compliant cards have in common? Starting in 2015 they will all be things one can find at a BJ’s wholesale club. The Massachusetts-based bulk store has inked an agreement with Alliance Data Systems Corporation and MasterCard...
It’s not who you think. Of the 13M internet users in South Africa, the majority go online via their mobile devices. PYMNTS got the scoop from MasterCard’s Head of Emerging Payments for the Middle East and Africa, Aaron Oliver, to understand what makes the South...
