MasterCard has struck a deal with Ogone, which manages online and mobile payments for thousands of merchants around the world, a move the credit card giant hopes will push the take-up of MasterPass, its digital platform.
The collaboration initially covers Belgium, Netherlands, France, UK, Germany and Spain, followed by other countries in Ogone’s footprint at an unspecified later date.
The deal gives MasterPass a potential market of “tens of thousands of merchants”, said the announcement.
MasterPass enables users to make purchases from smartphones, tablets and PCs without having to enter detailed shipping and card information each time.
However, MasterCard’s platform will initially be available for e-commerce and will only later be available for physical payments at the point-of-sale via technologies such as NFC and QR codes.