MasterCard has signed agreements with Microsoft, Google and Samsung to bring online payments capabilities to US-based users of their digital wallets.
Starting early 2017, MasterCard cardholders that use Microsoft Wallet, Android Pay or Samsung Pay will be able to use their same secure tokenised credentials and device authentication methods to complete online transactions at any merchant site where Masterpass is accepted.
Further, integration of Masterpass with digital wallets boosts MasterCard's vision to support all forms of secure digital commerce for cardholders.
MasterCard digital wallet securely stores consumers’ credit, debit and prepaid card information, along with shipping addresses, thereby enabling consumers to make fast, simple and secure digital payments.
The integration of mobile wallets give users to choose their preferred digital payments services while gaining access to hundreds of thousands of Masterpass merchants for a secure and simplified online checkout experience.
Merchants will be able to reach the millions of consumers currently using Microsoft Wallet, Android Pay or Samsung Pay without additional development work. They will have to just integrate Masterpass into their websites and mobile apps via the Masterpass API.
Microsoft corporate vice president Eric Lockard said: “Masterpass provides an additional payment option for our customers who look to the Microsoft Wallet to conveniently checkout at their favorite online shopping sites.”
Google global head of payments products Pali Bhat said: “With this partnership, Android Pay and Masterpass will deliver a seamless purchase experience at thousands of merchants that support Masterpass.”