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MasterCard overhauls its digital wallet service

MasterCard has revealed a major expansion to its Masterpass digital wallet service that will allow customers to pay in-store using contactless technology.

Just launched in the US and due to expand into Europe, Africa and the Middle East in 2017, the changes mean Masterpass will work on Smart phones, wearable payment devices and tablets, giving customers the option to pay online or in person with just one touch.


masterpassBanks will be able to implement the new service in their apps and consumers will be able to use it at over 5 million in-store locations in 77 countries. But the feature will only be available on Android phones that have in-built NFC chips.

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