Starting today, the omni-channel, all-digital payment service Masterpass is now available through a number of Mastercard issuers.
Announced last week, the enhanced Masterpass enables consumers to look no further than their own trusted bank or credit union to make fast, simple and secure digital payments – across devices and channels – anywhere they want to shop be it online, in app and now in-store with contactless. The solution is now live and available to customers of Associated Bank, Fifth Third Bank, First Tech Federal Credit Union, KeyBank, People’s United Bank, Security Service Federal Credit Union, and Virginia Credit Union.
“The launch of the new Masterpass marks an important industry milestone as we become the first network to deliver a bank-branded, all-digital payment solution that works across devices and retail channels,” said Matt Barr, senior vice president, Digital Payments and Labs, Mastercard. “We thank our partners who are going live today for their tremendous support in delivering this simple, secure payment solution to their customers.”
Consumers who bank with any of the above launch partners can now use Masterpass at the more than five million retail locations in 77 countries that accept contactless payments, as well as at hundreds of thousands of merchants online or in-app. The rollout of Masterpass-enabled solutions from issuers in the U.S. will continue throughout the coming months. For more information visit www.masterpass.com.