Developer(s) | Mastercard |
---|---|
Initial release | 2002 |
Website | International Turkey Ukraine |
Masterpass is the trademark under which Mastercard provides digital payment services in some markets around the world,[1] which is a digital wallet that allows to pay faster by keeping all the information you need for payment and delivery in one place.[2] It is a universal payment solution that can be integrated into both a website and a mobile application. Despite its name, Masterpass is compatible with more than simply Mastercard products,[3] it allows you to save the data of cards other payment systems. Mastercard does not charge merchant any fees for purchases through Masterpass.[4]
Masterpass users can receive special offers from some of the retailers that accept the payment service.[5] It works similarly to Apple Pay and Google Pay online,[6] so if a website or service hasn't already added support, Masterpass won't change that.[7]