MasterCard

MasterCard wants to turn any gadget into a payment device

MasterCard wants to turn any gadget into a payment device

The number of things connecting to the Internet is growing daily. And we're not just talking about the usual culprits like PCs, smartphones, tablets, or even the so-called Internet of things. Even jewelry as well as clothes are turning into connected things as well. Trying to leverage the ubiquity of such technology, MasterCard has launched a new program that aims to turn any such object, whether they be a smartphone or a smart ring, into a device that can be used to wirelessly pay for your purchases.

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MasterCard and Samsung extend partnership in Europe for Samsung Pay

MasterCard and Samsung extend partnership in Europe for Samsung Pay

Samsung and MasterCard have been working together on Samsung Pay for about a year now. Last year MasterCard announced that it would provide tokenization services for Samsung Pay. These tokenization services allow for secure transactions and a fast connection to banks in the US. Samsung and MasterCard have now announced that they have extended their partnership in Europe.

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MasterCard plans system to approve purchases via facial scan

MasterCard plans system to approve purchases via facial scan

Credit cards are a good and bad thing for many shoppers. They prevent us from having to carry lots of cash when we shop, but they are insecure by nature making it easy or anyone who can get you number to make unauthorized purchases. MasterCard is set to begin testing a new program this fall that will approve purchases online using a facial scan.

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MasterCard goes hi-tech with Dynamics’ interactive cards

MasterCard goes hi-tech with Dynamics’ interactive cards

Although some merchants have started to incorporate the digital world into their cash flow via NFC technology, most of our cash-less transactions still use ye old magnetic stripe plastic cards. But while it might not be easily possible for merchants to upgrade on their end, that doesn't mean our cards can't be pushed forward. That is what MasterCard is trying to accomplish together with payment card developer Dynamics in this interactive payment card that has a display and buttons and can be programmed for multiple uses.

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Apple Pay contract detailed, shows who’s boss

Apple Pay contract detailed, shows who’s boss

Apple Pay might be more convenient for consumers, but what’s Apple’s angle in the whole scheme? Why do they want to offer us the ability to use their mobile payment service? Aside from the small percentage we already knew Apple was skimming per transaction, we are now getting additional news about Apple’s gain with Pay. The percentage points Apple gets are just the tip of it all, and these details show just how structured the plan is, top to bottom.

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Could a thumb-scanning MasterCard sideline Apple Pay?

Could a thumb-scanning MasterCard sideline Apple Pay?

Apple Pay isn't the only next-gen payments system hoping to use your thumbprint to authorize spending, with MasterCard and Zwipe teaming up on a new credit or debit card that has an integrated fingerprint scanner for more security contactless payments. Set to launch in 2015, the Zwipe MasterCard looks at first glance like a regular slice of plastic as you probably already have in your wallet, but rather than demanding you punch in a PIN code or even do something so archaic as put your signature on a receipt, the system instead automatically scans your fingerprint and uses that to authenticate that the right person is making a purchase.

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MasterCard, Visa push for chip-based cards for added security

MasterCard, Visa push for chip-based cards for added security

While Target recovers from their shocking $40 million credit and debit card record theft from last year, Visa and MasterCard have joined forces to push for a new chip-enabled card that will improve security for all transactions. These two credit card brands have set a potential October 2015 deadline for all US retailers to adopt and setup the infrastructure for the new card system.

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