BJ’s And Masterpass Partner To Smooth Out Checkout

Masterpass users who also happen to be BJ’s Wholesale Club members have a bit of a boon coming their way. According to a joint release by both firms, the two will teaming up to offer shoppers a faster payment option for customers shopping online.

“We are thrilled to partner with BJ’s Wholesale Club to enhance their one-stop shopping experience with our latest and safest digital technology,” said Linda Kirkpatrick, executive vice president, U.S. Merchants and Acceptance, Mastercard. “With Masterpass as a payment option, BJ’s members are just a click away from a seamless and secure checkout.”

With the integration, BJ’s members can pay for items in their virtual cart without having to take out a card or input their credit credentials. Instead, because the data is stored in the platform, the only thing the consumer has to focus on is their shopping list.

“As we continue to grow our omnichannel capabilities, we’re focused on delivering a seamless experience for our members,” said Bob Eddy, executive vice president and chief financial officer, BJ’s Wholesale Club. “Adding Masterpass as a payment option on offers our members another convenient way to shop with us.”

The goal, according to Mastercard, is to offer shoppers an option that doesn’t require them to look much further than their own bank and banking mobile app to make fast, simple and secure digital payments — payments that, according to Mastercard, are device-agnostic and venue-agnostic. In-app, online or in-store, the goal is for the customer to be able to shop easily and quickly.



The pressure on banks to modernize their payments capabilities to support initiatives such as ISO 20022 and instant/real time payments has been exacerbated by the emergence of COVID-19 and the compelling need to quickly scale operations due to the rapid growth of contactless payments, and subsequent increase in digitization. Given this new normal, the need for agility and optimization across the payments processing value chain is imperative.