Masterpass Live With 20,000 Retailers

Mastercard has revealed that its Masterpass digital commerce platform is now live with more than 20,000 retailers in the UK, US, Canada and Australia. The latest retailers to sign up include Beyond the Rack, Currys, lastminute.com, Newegg and PC World. 

MasterPass eliminates the need for consumers to enter detailed shipping and card information to complete their online shopping at MasterPass merchant sites. Consumers can securely store MasterCard and other branded credit, debit and prepaid card information, address books and more, to simplify the process of completing a transaction from any connected device.

Mastercard has also revealed that MasterPass will be made available to both merchant and issuing partners in seven new markets – Brazil, Belgium, France, Italy, Singapore, Sweden and Spain – by year’s end. 

The company said also that as MasterPass evolves, it will support the use of various technologies, including NFC, QR codes, tags and mobile devices, for in-store purchases, based on the shopping experiences a merchant wants to make available to its customers. Consumers shopping at MasterPass merchants will also have access to additional services, including real-time alerts, account balances and loyalty programs, as well as ‘Priceless’ offers and experiences. 

“Our customers primarily come to us for last minute hotel and travel bookings, and we are finding they are only becoming more spontaneous in their purchasing habits,” said Harry Parkes, channel and experience director for lastminute.com UK and Ireland. “Across devices, there is a growing trend for traffic to peak from 5:30pm until 11pm as customers book hotels near them for stays that evening. Our checkout process is also evolving to compliment this, which is why MasterPass was a no-brainer – we are always looking to give customers a shorter booking path which saves them more time.”