Scotiabank has announced its support for Masterpass, the all-channel digital payments platform from Mastercard.
Using Scotiabank Masterpass wallet, the bank’s customers can make purchases at a range of stores and other businesses using their mobile device. The wallet supports both online and in-app payments.
Users just have to click the Masterpass button to authenticate and complete a transaction, Mastercard said.
The wallet stores all payment information including card details and shipping information in a single location, where it protected by very advanced technologies.
Mastercard senior vice president for Canada account management Derrick Breau said: “Canadians are increasingly shopping online and expect an experience that is fast, simple and secure. With Scotiabank Masterpass, Scotiabank customers with credit cards or debit cards will get an easy, intuitive and low friction shopping experience at leading merchants. It enables consumers to pay for the things they want with the security they demand.”
Scotiabank vice president of day-to-day banking Brian McCabe added: “Joining with Mastercard to offer another online payment solution gives our Scotiabank customers fast and flexible payment experiences tailored for their needs. We are committed to continuing to deliver to our customers the ability to confidently choose from safe, secure and innovative payment methods in an increasingly digitised world.”