
Masterpass by Mastercard is a digital wallet solution that allows users to make payments, store rewards, and manage their cards in one place. It's a convenient way to leave your physical wallet behind.
Masterpass supports over 50,000 merchants globally, making it a widely accepted payment method. This means you can use it to make purchases online or in-store.
One of the key benefits of Masterpass is that it allows users to store their loyalty cards and rewards programs in one place, making it easier to track and redeem rewards. This feature is especially useful for frequent shoppers.
By using Masterpass, users can also earn cashback and other rewards, such as discounts and exclusive offers.
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What is Masterpass?
Masterpass is a digital wallet service launched by Mastercard that allows users to store their payment information, including credit, debit, and prepaid card details, in one secure place. This makes it easy to check out online and in-store.
Masterpass users can also save shipping addresses, which speeds up the checkout process. This feature is especially useful for frequent shoppers.
Masterpass is designed to work across various platforms, including desktop, mobile, and wearable devices, making it a versatile payment option.
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What is a Credit Card?
A credit card is a type of payment card that allows users to make purchases online and in-store by drawing from a line of credit.
Credit cards store payment information, including card details, which can be saved in one secure place, similar to Masterpass.
These cards are widely accepted and can be used to make purchases on various platforms, including desktop, mobile, and wearable devices.
A credit card is a type of card that can be used for online and in-store purchases, making it a convenient payment option for many people.
Introduction
Masterpass is a digital wallet service that allows users to store their payment information in one secure place. This service is offered by Mastercard, a well-known credit card provider.
Masterpass is designed to work across various platforms, including desktop, mobile, and wearable devices, making it incredibly versatile. This means you can use Masterpass to make payments on the go, whether you're shopping online or in-store.
To get started with Masterpass, you can visit the Mastercard website or contact your bank to see if they offer the service. Once you've registered for an account, you can add your payment and shipping information, and you're all set to begin enjoying the benefits of this digital wallet.
Masterpass transactions are secure and can be processed over existing payment rails used by merchants. This means that merchants who already accept credit card payments can easily accept Masterpass transactions.
By 2017, e-wallet payments are expected to rise to $1,656 billion, making them a significant player in the payment industry. Masterpass is a part of this growing trend, offering a convenient and secure way to make payments online and in-store.
Merchants who support Masterpass include Saks.com and Lord and Taylor.com, and many major banks such as Ally Bank, Bank of America, and Capital One. These banks will layer services including tokenization with bank identification and verification of cardholders to protect consumers from fraud.
Here are some key benefits of using Masterpass:
- Convenience: Masterpass allows you to store your payment information in one secure place, making it easy to make payments online and in-store.
- Security: Masterpass transactions are secure and can be processed over existing payment rails used by merchants.
- Flexibility: Masterpass works across various platforms, including desktop, mobile, and wearable devices.
Benefits and Features

Masterpass by Mastercard offers a range of benefits and features that make it a convenient and secure way to shop online and in physical stores.
One of the primary advantages of using Masterpass is the enhanced security it offers, thanks to advanced encryption and authentication technologies that protect users' payment information.
Convenience is another key benefit of Masterpass, allowing users to store all their payment and shipping information in one place, making it easy to complete transactions quickly and efficiently.
Exclusive deals and offers are also available to Masterpass users, including discounts at popular retailers and cashback offers on certain purchases.
Masterpass is compatible with a range of devices and platforms, giving it an edge in versatility over other digital wallets like Apple Pay and Google Pay.
Here are some of the key features of Masterpass:
By using Masterpass, users can streamline their shopping experience and enjoy a more convenient and secure way to make payments online and in physical stores.
Digital Wallets
Masterpass offers a secure and convenient way to shop, and its compatibility across various devices and platforms gives it an edge in versatility. This means you can use it across a broader range of devices and merchants worldwide.
Masterpass is supported by MasterCard, a well-established payment provider. You can visit their website at http://www.masterpass.com for more information.
Masterpass is not limited to one brand or ecosystem, making it a great option for those who want to use a digital wallet that's not tied to a specific platform.
Comparison of Digital Wallets
Digital wallets like Masterpass, Apple Pay, Google Pay, and Samsung Pay offer a secure and convenient way to shop. Masterpass stands out for its compatibility across various devices and platforms.
One of the key differences between digital wallets is their platform limitations. Masterpass can be used across a broader range of devices and merchants worldwide, giving it an edge in versatility.
Masterpass's flexibility is a major advantage, allowing users to shop with ease regardless of the device or platform they're using.
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Supported By
In the digital wallet world, having the right support can make all the difference. Mastercard's payment solutions are built for businesses, providing a secure and efficient way to process transactions.
Mastercard's payment solutions can be found at http://www.masterpass.com, which offers a range of services to help businesses succeed.
Launch Wallet in Belgium
MasterCard launched MasterPass Wallet in Belgium, teaming up with Buy Way to enable online and mobile shoppers to use MasterPass upon checkout.
MasterPass provides a simplified checkout process, eliminating the need for shoppers to enter sensitive card or shipping details when paying for goods or services online.
The partnership between MasterCard and Buy Way aims to make online shopping more convenient for Belgian consumers.
Availability and Growth
MasterPass has expanded its reach significantly since its launch in February 2013. It's now accepted in 24 countries around the world.
MasterPass has seen a notable increase in adoption, with a 40% month-over-month growth. This rapid growth is a testament to the solution's effectiveness in facilitating digital payments.
MasterPass is now accepted at over a quarter of a million retail locations worldwide, giving consumers a wide range of options for using the digital payment solution.
40% MoM Increase

MasterPass has seen a significant 40% increase in adoption month over month, which is a testament to its growing popularity. This digital payment solution is already accepted in 24 countries around the world.
MasterPass provides a seamless and faster online shopping experience for consumers. With MasterPass, consumers can securely store their MasterCard in one place, along with shipping and billing addresses.
MasterCard has successfully launched MasterPass in several countries, including Germany, Belgium, Hungary, and Turkey. This expansion has contributed to the 40% month-over-month increase in adoption.
In Europe, MasterPass is accepted by over a quarter of a million retailers, making it a widely accepted payment solution. This widespread acceptance is a key factor in its growing popularity.
The MasterPass partnership with Buy Way in Belgium has enabled Belgian online and mobile shoppers to use MasterPass upon checkout. This partnership has further contributed to the growth of MasterPass in Europe.
MasterPass has made online shopping easier and more convenient for consumers. By storing payment and shipping information in one place, consumers can quickly and securely complete transactions.
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Live in Sweden

In Sweden, MasterCard launched its global digital wallet MasterPass, making it available for Swedish consumers. MasterPass allows consumers to store all their cards and shipping addresses digitally.
Nordea, SEB, and Swedbank were the first banks to issue MasterPass in Sweden. This made the digital wallet easily accessible to Swedish consumers.
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Frequently Asked Questions
Is Masterpass discontinued?
Yes, Masterpass is discontinued, having transitioned to "Click to Pay" in mid-2020. This change was made as part of a unified digital payments service developed by multiple major payment networks.
How does Masterpass work?
To use Masterpass, simply scan a QR code with your smartphone, enter your bank card PIN, and complete the payment. Masterpass makes mobile payments easy and secure with just a few taps.
Is Masterpass legit?
Masterpass is a secure online payment system, backed by your bank and protected by multi-tiered encryption, ensuring your transactions are safe and protected
Sources
- https://nichecapitalco.com/all-you-need-to-know-about-mastercard-masterpass-a-complete-guide/
- https://www.zdnet.com/finance/mastercard-links-masterpass-to-google-samsung-and-microsoft-digital-wallets/
- https://www.aboutpayments.com/en/knowledge-base/method/masterpass
- https://www.retaildive.com/news/mastercard-extends-masterpass-digital-wallet-to-in-store-payments/422706/
- https://www.wired.com/2013/02/mastercard-masterpass/
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