Mastercard debuted a service that lets consumers make card-based payments via local digital wallets. With Pay Local, Mastercard cardholders link their credit or debit cards to a participating local digital wallet to shop with merchants without needing to create or top up a prepaid account,...
When it comes to digital commerce, payers and businesses are clear on one thing: they want checkout to be fast, safe and simple. But while clicking “pay” and moving on sounds great, in practice it’s rarely that smooth. Checkout friction — the dreaded lags, glitches...
Seamless checkout is a winning mantra for retailers looking to capture sales and delight their customer bases. Customers largely expect a fast, secure and intuitive checkout process. However, hurdles remain, and a seamless checkout isn’t always as easy as click-pay-done. “Despite the shift to digital...
Mastercard and NatWest partnered to introduce a mobile virtual card payment tool for businesses in the United Kingdom. Approval2Buy is the first service in Europe to use Mastercard’s mobile virtual card app, according to a Tuesday (Nov. 5) news release. “New payments technology presents new...
November 08, 2024
Until recently, blockchain’s potential impact within payments and commerce has been, well, somewhat blocked. But increasingly, financial service giants are turning their attention to unlocking the potential of blockchain platforms as the technology continues to mature and evolve how value moves across the globe. “Blockchain technology, and public blockchains in particular, are opening up a […]
November 05, 2024
Seamless checkout is a winning mantra for retailers looking to capture sales and delight their customer bases. Customers largely expect a fast, secure and intuitive checkout process. However, hurdles remain,...
October 28, 2024
Successful digital transactions are an essential part of business. However, that doesn’t mean that all digital payment solutions used to ensure those transactions go through are created equal. “All payment...
October 21, 2024
If there’s been a consistent theme thus far during earnings season, it’s that consumer spending has proven to be resilient across any number of demographics. And as a result, for...
November 05, 2024
Mastercard debuted a service that lets consumers make card-based payments via local digital wallets. With Pay Local, Mastercard cardholders link their credit or debit cards to a participating local digital wallet to shop with merchants without needing to create or top up a prepaid account, according to a Tuesday (Nov. 5) press release. “Leading wallets […]
November 04, 2024
Mastercard and NatWest partnered to introduce a mobile virtual card payment tool for businesses in the United Kingdom. Approval2Buy is the first service in Europe to use Mastercard’s mobile virtual...
November 04, 2024
Mastercard has launched a partnership with business-to-business (B2B) payments company PayMate. The collaboration, announced Monday (Nov. 4), is designed to bolster digital B2B payments for companies in Eastern Europe, Middle...
October 29, 2024
Mastercard has launched a generative artificial intelligence (AI)-powered digital assistant that is designed to simplify the customer onboarding process. This is the first application developed by Mastercard’s new in-house capability...
