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Mastercard, General Motors Partner On Digital Payments

Mastercard money

Mastercard,​ ​the​ credit card company, announced Tuesday (May 2) that it has expanded its long-standing​ ​relationship​ ​with General​ ​Motors.

In a press release, Mastercard said that customers at more than ​4,000​ ​Chevrolet,​ ​Buick,​ ​GMC​ ​and​ ​Cadillac  dealerships​ ​in​ ​the​ ​United​ ​States,​ ​as​ ​well​ ​as​ ​online​ ​customers,​ ​will​ ​soon​ ​be​ ​able​ ​to​ ​order​ ​and​ ​pay for​ ​ACDelco​ ​and​ ​other​ ​service​ ​parts,​ ​accessories​ ​such​ ​as​ ​Chevrolet​ ​Performance​ ​Parts,​ ​Maven car-sharing​ ​services,​ ​OnStar​ ​guidance,​ ​security​ ​and​ ​data​ ​plans ​and​ ​over-the-air​ ​updates​ ​for OnStar​ ​Go​ ​using​ ​Mastercard’s​ ​payment​ ​gateway.​ ​The​ ​gateway​ ​enables​ ​fast​ ​and​ ​secure electronic​ ​credit​ ​and​ ​debit​ ​card​ ​processing.

“As​ ​a​ ​global​ ​transportation​ ​company,​ ​GM​ ​committed​ ​to​ ​a​ ​digital​ ​roadmap​ ​that​ ​enables eCommerce​ ​at​ ​every​ ​point​ ​of​ ​engagement​ ​with​ ​franchisees,​ ​providers​ ​and​ ​customers. Mastercard​ ​is​ ​pleased​ ​to​ ​provide​ ​the​ ​network​ ​coverage​ ​and​ ​payment​ ​gateway​ ​that​ ​offers​ ​the benefits​ ​of​ ​centralized​ ​management​ ​at​ ​headquarters​ ​with​ ​the​ ​flexibility​ ​of​ ​meeting​ ​the​ ​needs​ ​of individual​ ​business​ ​outlets,”​ ​said​ ​Tim​ ​Fletcher,​ ​senior​ ​vice​ ​president,​ ​Payment​ ​Gateway Services,​ ​Americas,​ ​Mastercard, in the press release.

The new platform for GM builds on the two companies’ existing relationship, in which Mastercard provides the GM Rewards Card program. Mastercard said that since​ ​1992,​ ​cardholders​ ​have​ ​earned​ ​rewards​ ​to​ ​help​ ​purchase more​ ​than​ ​7.3​ ​million​ ​cars,​ ​trucks​ ​and​ ​crossovers.​ ​The​ ​payment​ ​gateway​ ​solution​ ​draws​ ​on​ ​the Mastercard​ ​network​ ​for​ ​its​ ​global​ ​connectivity​ ​to​ ​enable​ ​payment​ ​acceptance​ ​from​ ​all​ ​brands​ ​via digital​ ​channels.

“Working​ ​with​ ​Mastercard​ ​will​ ​help​ ​us​ ​deliver​ ​the​ ​best​ ​possible​ ​customer​ ​experience​ ​by​ ​aligning all​ ​of​ ​our​ ​business​ ​units​ ​and​ ​dealers​ ​under​ ​one​ ​payment​ ​gateway​ ​that​ ​is​ ​fast,​ ​secure​ ​and​ ​has global​ ​scale,”​ ​said​ ​Ed​ ​Vogt,​ ​GM’s​ ​director​ ​of​ ​eCommerce,​ ​U.S.​ ​sales​ ​operations, in the same press release.

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