MasterCard and ING Unite for Netherlands Payments Trial

MasterCard and ING Group have announced a joint trial to test out a new method of mobile payments in the Netherlands, testing MasterCard’s PayPass app as a payment method for internet merchants.

Two different methods are being investigated – the ability to shop and pay on an internet site using a mobile device, sending an EMV-compliant cryptogram from the mobile device to the merchant’s gateway for processing; or using a secure QR code that connects the user’s mobile PayPass application to the merchant’s online shopping cart.

“As a company leading the global transformation of digital payment technology, we continue to work with innovative partners like ING to develop and test solutions that address and enhance the ways consumers can pay for goods and services,” said Jorn Lambert, MasterCard's group head of emerging payments in Europe. “This trial builds on our recently announced PayPass Wallet Services and our vision of delivering to consumer and merchants a secure, converged payments experience in-store, online or on a mobile device.”