MasterCard and CreaCard launch a new MasterPass service dedicated to PCS MasterCard cards to address the consumers’ needs for more convenience and security
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Paris, 23 February 2016 – For the occasion of Mobile World Congress 2016 (22nd – 25th February in Barcelona), MasterCard announced today the launch in France of a new MasterPass service fully dedicated to CreaCard PCS, the Prepaid leader on this market. This innovative digital and safe payment method will revolutionize online transactions for MasterCard cardholders.
Born from an agreement between MasterCard and CreaCard – distributor of prepaid payment cards-, this strategic partnership marks a sharp rise in the range and the quality of services associated with their products.
Among the first operators in the field of Prepaid payment cards to benefit from MasterPass technology, CreaCard carries out its policy of continuous innovation by offering services related to its range of payment cards. This innovative technology has been developed by Smartlink, a Swiss FinTech company specialized in the development of mobile payment solutions and “Mobile Wallets”.
MasterPass addresses the essential needs of consumers
With MasterPass, the consumer does not need to type in card and address details each time they shop. In the digital wallet, the consumer can store his PCS MasterCard cards from as well as loyalty and member cards and their shipping address.
With everything in one place, the consumer can shop safely, simply and securely at thousands of e-merchants globally. Initially, MasterPass can be used for online and in-app shopping, but in the future consumers will also be able to shop with MasterPass in physical stores using their connected device.
MasterPass is now available in 29 markets around the globe, 15 of which are in Europe.
It is accepted globally at 250,000 merchants such as: www.rueducommerce.fr/home/index.htm, www.pixmania.fr/index.html, www.priceminister.com/, www.showroomprive.com/, www.americantourister.fr/magasin-fr.htm, in France.
Why does this innovation represent a major advance for cardholders?
“We are pleased and proud to offer a preview of the MasterPass payment solution to our PCS MasterCard customers. This partnership perfectly fits our strategy to provide an innovative, secure and ease of use tool to our 800,000 customers who have trusted us for over 5 years” states Philip Aim, CEO CreaCard.
“Allowing many more customers to make online purchases without having to enter their bank details is a major innovation in our market.” he adds.
The three major MasterPass assets for a better comfort:
1- More security: no manual entry of cards details at checkout
For each transaction on online shops accepting MasterPass, PCS Payment cardholders do not have to enter their credit card number. Details are saved only once upon the creation of the customer’s account on the “My Mobile PCS” application. This information is encrypted, backed up and secured. There is no need to re-enter bank details for any future transaction.
2- More mobility: a wallet in your smartphone
PCS payment cardholders have at any time, wherever they are, their payment card available via their smartphone thanks to an e-Wallet enabling simple and fast transactions using MasterPass, safely through the application “My Mobile PCS”.
3- Amazingly simple
The customer’s efforts are reduced to a minimum: the online shop, the payment transaction is carried out directly via an eemail and a password by choosing the MasterPass payment method.
/ according to the FEVAD
CreaCard is highly specialized in the development and distribution of payment solutions with prepaid programs, which can be white label or co-branding, as well as with its own PCS MasterCard® products. To provide its payment solutions CreaCard partners with authorized and regulated electronic money issuers that are principal members of MasterCard such as Prepaid Financial Services Limited, based in London.PCS MasterCard is the uncontested leader of reloadable prepaid cards in France with over 800,000 PCS MasterCard cards issued as of 2010, benefiting from a powerful distribution network of 35,000 points of sale on a European scale (France, DOM-TOM, Spain and Belgium).For more information please consult our web site www.pcsmastercard.com and www.creacard.net.
MasterCard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone.
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