MasterCard MasterPass Wallet Service

MasterCard has launched a digital wallet MasterPass for use via multiple channels. It can be used online, on mobile phones and for in-store purchases.


Link to external site : Website for MasterCard MasterPass Wallet Service
MasterCard MasterPass Wallet Service
Brand
Launched in
Status
Launch
Importance
Traction
Evaluation
MasterCard has about 300 million card holders in the US alone
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Account Type
Business Model
Class
Send Services Receive

ATM


Mobile


POS


Web


Card


NFC


Wallet

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MM

MP

NFC

OP
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Card


NFC


Wallet


ATM


Mobile


POS


Web

Model
Who Leads?
third party led
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Reach
Active Users
Registered Users
Potential Mobile Market (m)
Regulations
Persona
Purpose
Active Services
Card Type
MasterCard
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ServicesDescription
Channels
Payment Instruments
Cash I/O Description
To be available at 5,900 merchants worldwide in 2013;
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Cash I/O No Of Locations
Handsets
Technologies
Interoperability
Retailers will be allowed to create their own wallets using MasterPass coding, and consumers can use any MasterPass account at any MasterPass-accepting merchant.
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RegistrationProcess
Consumers will enroll in MasterPass either through a participating financial institution or a retailer.
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Segment Description

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