Tag Archives: Mastercard

Malaysia – Mastercard to complete shift from signature to pin by Jan 2018

By | October 7, 2017

KUALA LUMPUR: Mastercard Inc said it will reach a key milestone by January 2018 when all its debit cards feature contactless and a personal identification number (PIN)-enabled function, in a move to provide more convenience to consumers, prevent fraud and improved security. Wider contactless acceptance is expected in Malaysia, with more merchants opening up to the technology, the… Read More »

VTB Bank (Armenia) and MasterCard to issue PayPass cards

By | August 16, 2017

YEREVAN, August 16. /ARKA/. VTB Bank (Armenia) is the first bank in the country to issue MasterCard PayPass contactless payment cards. “The unique technology of PayPass is one of the most modern, fast, affordable and reliable ways of making card payments around the world,” the bank said in a press release.  It said  MasterCard PayPass payment cards have… Read More »

Foreign cards on horizon, may woo Chinese users

By | August 8, 2017

Foreign debit and credit card companies face a long fight with local electronic payment market leader UnionPay as industry supervision is still evolving and customer needs are diverse, experts said.   US card network Visa has applied for a license from China’s central bank to operate in the Chinese market, it said in an email on Friday. MasterCard,… Read More »

Australia – Sydney ferries roll out contactless ticketing

By | July 6, 2017

Paying for a ferry ride is now as easy as tap-and-go, as Mastercard and Transport for NSW bring contactless ticketing payment to Sydney Ferries on the F1 Manly to Circular Quay service. In an Australian first, commuters can use their Mastercard contactless card or mobile wallets that have enabled Mastercard cards to tap on. Supporting domestic and international… Read More »

3 Things to Know About the Mastercard Biometric Card

By | April 20, 2017

Today, Mastercard unveiled the next-generation biometric card. The cardholder dips the card into a retailer’s terminal while placing their finger on the embedded sensor. The fingerprint is verified against the template and – if the biometrics match – the cardholder is successfully authenticated and the transaction can then be approved with the card never leaving the consumer’s hand.… Read More »

Thumbs Up: Mastercard Unveils Next Generation Biometric Card

By | April 20, 2017

JOHANNESBURG AND PURCHASE, N.Y. – April 20, 2017 – Mastercard today unveiled the next generation biometric card, combining chip technology with fingerprints to conveniently and safely cardholder’s identity for in-store purchases. South Africa is the first market to test the evolved technology, with two separate trials recently concluded with Pick n Pay, a leading supermarket retailer, and Absa… Read More »

Consumers Voice Preferences, Wishes in Ways Technology Power Payments

By | March 1, 2017

Fifth Annual Mastercard Digital Payments Study Highlights Social Media Trends Around Digital Wallets, Artificial Intelligence and More SINGAPORE – March 1, 2017 – Digital wallets continued to gain prominence in smartphones and laptops worldwide and dominated the discussion of new ways to pay, with the topic now topping 83 percent of Asia Pacific conversations and 75 percent of… Read More »

Seven Currencies, One Cash Passport

By | February 22, 2017

February 22, 2017 – TORONTO: Mastercard and Canada Post, with collaboration from Payment Source Inc. and Peoples Trust Company, today announced the launch of Cash Passport, the latest payment solution for smart and simple travel. The contactless (tap) card, which allows you to load up to seven currencies at a time, is a convenient and secure alternative to… Read More »

MasterCard And Zwipe Unveil Credit Card With Fingerprint Scanner

By | October 18, 2014

MasterCard partnered with Zwipe to create the world’s first credit card that combines biometric authentication and contactless payment technology. Financial institution Sparebanken DIN of Norway conducted a live pilot of the Zwipe MasterCard over the last few months. For security purposes, the fingerprints of the user are stored in the Zwipe MasterCard instead of an external database. The biometric authentication technology built into the… Read More »