Near Field Communications Handsets and Tags, NFC Pilots and Projects

MasterCard talks mobile payments

Monday, December 19, 2011

MasterCard has posted a brief interview with Ed McLaughlin, the company’s Chief Emerging Payments Officer, concerning Isis, mobile payments, and the future of MasterCard in the field.

MasterCard, which joined the ISISI platform in July along with Visa and AmEx, says its mobile strategy hinges on the interests of the consumer. Indeed, McLaughlin justifies the company’s initiative with research showing that 60% of 18–34 year olds want to pay using their phone.


McLaughlin goes on to suggest a bright future for MasterCard in mobile commerce, calling 2011 the launch point for a whole new “wave of innovation” going beyond mobile payments and into coupons, rewards, savings and information.

MasterCard has been all over the map with mobile payments in the latter half of the year, notably as launch partners with Google Wallet in the U.S. and with Orange for the U.K.’s “Quick Tap” service. [end] 

Charge Anywhere announced that it will launch its BlackBerry payments software featuring NFC technology at the BlackBerry World event this week in Orlando, Fla.

The Charge Anywhere Mobile Payment App for BlackBerry enables business owners to accept payments on their BlackBerry smart phone or PlayBook and securely process credit and debit cards on the go. Now, businesses operating on the BlackBerry 7 OS platform can accept NFC-enabled credit and debit cards like Visa payWave or MasterCard PayPass by simply tapping their customer’s card to an NFC-enabled BlackBerry Curve or Bold device.

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Denizbank, a private bank with 588 branches in Turkey, has joined Turkcell’s Cep-T Cuzdan platform, enabling its customers to make contactless payments with their NFC-enabled handsets.

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MasterCard’s PayPass contactless payment feature may soon be presented to the Azerbaijan market of cashless payments.

According to a recent MasterCard study, 75% of the local residents said they would like to use contactless payment cards in supermarkets and 60% to pay public transport fare. When asked which devices, in addition to a plastic card, it would be convenient to make payments, 86% of respondents said they would like to use their mobile phone.

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Samsung and Visa are providing their sponsored athletes and trialists at the London 2012 Olympic Games with special edition Samsung Galaxy S III handsets equipped with Visa’s payWave NFC payments application.

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