MasterCard takes on world with MasterPass

Munich, Germany – There is more news in the fast-growing digital wallet sector.



MasterCard and payment gateway solution provider Pay.On are partnering to make the MasterPass digital wallet application available to more than 110 payment service providers (PSPs) via Pay.On’s white label global payment gateway. MasterPass is now available to more than 56,000 Web shops worldwide that route payments through Pay.On’s partners.



MasterPass combines several technologies to create a digital wallet that stores payment and shipping information in a highly secure data center at the issuing bank, and then automatically transmits cardholder information to the merchant during the payment process. Payment is therefore reduced to a few clicks.



MasterPass is available via Pay.On’s CopyandPay, which allows merchants to quickly enable payment processing within their online shop by incorporating a few lines of code. The fully set-up, immediately active payment page includes nearly 100 payment methods and comprehensive fraud prevention tools.