MasterCard unveils PayPass Wallet Services

MasterCard unveiled PayPass Wallet Services, a new global offering for banks, merchants and partners that will make it faster and easier for their customers to make purchases in stores and/or online.
The solution consists of three distinct components, including PayPass Acceptance Network (PayPass Online and PayPass Contactless), PayPass Wallet and PayPass API. The first component provides a globally consistent way to help merchants accept electronic payments across multiple channels whether the purchase is made in a store at the point of sale with NFC technology or online. PayPass Wallet on the other hand enables banks, merchants and partners to white label their own wallets, allowing consum... »read more

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