Mastercard has announced a global partnership with Oracle that is designed to deliver a streamlined digital payment experience to the retail and hospitality industries.
Restaurant chains TGI Fridays and Byron are soon to accept payments through the Qkr! with Masterpass app throughout its restaurants.
More than two in five people (43 per cent) say they keep less hard cash in their pockets than they did two years ago, according to a new study.
The study by Mastercard found that half of adults in Britain now carry less than £5 in cash in their purses or wallets amid a surge in popularity for online shopping and contactless card payments.
Mastercard is launching an artificial intelligence (AI) bot platform that allows consumers to transact, manage finances, and shop via messaging platforms.
According to Mastercard the technology, unveiled at the Mobile World Congress in Barcelona in February, has been tested in the Netherlands, US and Canada.
Samsung and Mastercard have launched an app which means consumers can use a new smart fridge to buy groceries paid for by credit card. A new service built around a trusted payment process is a great example of mobile commerce – it’s about using a new channel to provide new capabilities often delivered within new products.
Despite concerns that the UK mass market wasn’t ready for contactless payments, UK credit and debit providers have released data showing that shoppers have embraced the technology.