MasterCard and Ogone announce their partnership on the integration and deployment of MasterPass™(PresseBox) (Waterloo, )
MasterPass™, the digital platform from MasterCard, simplifies online purchases made from connected devices including PCs, touchpads and smartphones. MasterPass meets consumers' demand for convenience shopping and eliminates the need to enter detailed shipping and card information to complete their online shopping at MasterPass merchant sites that have the "Buy with MasterPass™" button on their check out page. Consumers can securely store MasterCard and other branded credit, debit and prepaid card information, address books and more. This simplification of the purchasing process, which also includes all the guarantees of a card payment, should enable e-merchants to increase significantly their transformation rate and boost the development of m-commerce.
This solution, which is initially being deployed for e-commerce, will at a second stage enable merchants to offer to their customers to pay in store with MasterPass™ and encourage the convergence of payment experiences using new technologies such as NFC and QR code.
From end of November 2013, MasterPass™ will be available on Ogone's online payment platform, an online, secure and cross-channel solution. This partnership should help to expand the adoption of MasterPass™ to thousands of e-merchants starting from 2014, who may now benefit from the many advantages offered by this simple and quick solution for consumers.
"On top of our portfolio of over 80 international payment methods, we are pleased to include and provide MasterPass to our clients. As online cross border sales opportunities grow, simplicity and making a wide range of payment methods available are key to helping ecommerce clients improve their check out conversion rates" commented Ludovic Houri, Ogone.
David Dechamps, a MasterCard Spokesperson observed: "This partnership with Ogone will further strengthen MasterPass momentum and accelerate the adoption commitment of MasterPass™ in Belgium and in Europe."
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. Follow us on Twitter @MasterCardNews, join the discussion on the Cashless Pioneers Blog and subscribe for the latest news on the Engagement Bureau.
For more information, please visit https://masterpass.com/SP/Merchant/Home
Consumers around the world are able to sign up for the service through financial institutions in Australia, Canada, the United States and the United Kingdom. Additionally, MasterPass availability in 2014 will expand to other markets worldwide, including: Belgium, Brazil, China, France, Italy, Netherlands, Singapore, Spain and Sweden. With today’s announcement, merchants and issuers working with MasterCard to support the launch of MasterPass include:
1/Financial institutions: BNP Paribas Fortis Belgium, BBVA Bank, BMO, BNLPOSitivity, BNL Italy, Banco Sabadell, Banco Santander, Banca Sella, Citi, Commonwealth Bank, Deutsche Bank Italy, EMS, EnterCard, EURO 6000, Fifth Third, Handelsbanken, Intesa Sanpaolo, Lake Trust Credit Union, ME Bank, NAB, SEB Kort Bank AB, SIA, Swedbank, TMG Financial Services, UniCredit and Westpac.
2/Merchants: AHL, American Airlines, Argos, Boots, Grocery Gateway, Harvey Norman, Hikingboots.com, JB Hi-Fi, LogiTRAVEL, Mediamarket Spa Italy, MLB Advanced Media, Park Avenue Coffee, Roses Only Group, Runningshoes.com, Vodafone Italy and Wintercheck Factory. In addition to these merchants, MasterPass will be available at more than 5,900 merchants.