MasterCard has announced a new payment service MasterPass

On February 25, in Sydney, MasterCard announced the launch of MasterPass, the future of digital payments. This technology will allow you to combine all the main payment methods - from plastic cards to electronic wallets and allows users to make payments from anywhere in the world with one simple touch. The first country in which the technology will be tested will be Australia in March of this year.
With a single click (or tap), Australians will be able to access all of their cards and digital wallets, without having to enter billing information every time. This should greatly speed up the shopping process.


The MasterPass service package includes:
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• Service registration and payment of the order.
  Provides sellers with a convenient mechanism for receiving payments, regardless of the location of the buyer. At the checkout or near the shelves with goods - MasterPass will support NFC, QR codes, price tags, automatic terminals, as well as traditional plastic cards. The consumer will receive a simple convenient way to make purchases without having to enter billing information and / or shipping address.
• MasterPass Wallets.
  Allow banks, retailers and other partners to offer their customers their own wallets. Consumers will be able to safely store information about their maps, addresses and other information in a secure cloud organization. At the same time, it will be possible to use other credit or debit cards besides MasterCard.
  
• Additional services that will make the buying process even more enjoyable.
  Provide the consumer with additional information, such as, for example, account balance data, real-time notifications, loyalty programs, special offers, etc.