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MasterCard unveils payments road map
MasterCard introduced a road map focused on advancing the U.S. electronic payments system. The map, which includes the path for migration from magnetic stripe to EMV technology available on chip cards, will serve as the foundation for the next generation of products and services.
As payments evolve to include new devices and new channels, such as mobile and eCommerce, the road map takes steps to address how consumers shop, providing them greater security and control in their payment choices and the potential to integrate loyalty programs and offers into the purchasing experience.Read original article
World-first mobile app by MasterCard lets you order, pay and have your munchies delivered in a movie
Queuing for movie munchies will be a thing of the past with the launch of a mobile app that lets you order and pay without leaving the cinema. Better still, the goodies will be delivered right to your seat.
The payment app, called QkR (pronounced “quicker”) will be piloted in Australia at Hoyts’ La Premiere cinemas in Sydney at the Entertainment Quarter in Moore Park and in Chatswood.Read original article
The BBW50: Why MasterCard Is on Top
Ajay Banga has declared war on cash. As chief executive officer of MasterCard (MA), he wants his troops to do whatever they can to persuade consumers to slap down the plastic and increase the 15 percent of global retail transactions made with credit and debit cards or other electronic means. “The war on cash was really a rallying cry for everyone to focus on the 85 percent,” Banga says.Read original article
Intel, HP Signal Plans for Supporting NFC on Ultrabooks
Mooly Eden in a press conference in connection with the Consumer Electronics Show in Las Vegas, demonstrated a contactless transaction by tapping a MasterCard PayPass card on one of the ultrabooks. The press conference and announcements expected later this week are part of Intel’s big push behind the rollout of the new category of thin and light laptops this year, as the chip giant fights back against the popularity of tablet computers.
Intel and MasterCard announced the plans at the Cartes and IDentification show in Paris in November to enable consumers to tap their NFC phones and contactless cards on ultrabooks to shop securely on the Web.Read original article
Suze Orman Launches Debit Card ‘The Approved Card:’ How to Get One
Personal finance guru Suze Orman launched “The Approved Card,” a prepaid debit card, on Monday. It is a purple plastic debit card with the Master Card logo on it and self-branded with Orman’s name.
“My job is to educate American and give them the tools they need so they finally have a highway out of poverty,” Orman told the Huffington Post.