News & Reviews:   mastercard announce

At the Singapore FinTech Festival, Mastercard unveiled an ambitious vision to transform e-commerce in the Asia Pacific: making online shopping completely password-free and card-number-free by 2030. While over a third of Mastercard transactions worldwide are already tokenised, realising this vision in the Asia Pacific — projected to exceed USD 7 trillion by 2030 — will require collaboration across the payments ecosystem.

Today, in an important industry milestone, Mastercard has unveiled the foundation for the future of commerce with the new Masterpass global digital payment service. This enables consumers to look no further than their own trusted bank or credit union to make fast, simple and secure digital payments – across devices and channels – anywhere they want to shop be it online, in app and now in-store with contactless.