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MasterCard to deliver mobile and digital payments solutions in the UK

30 august 2012

28 August 2012 – MasterCard and Everything Everywhere, the UK’s largest communications company, have announced an exclusive, five-year partnership to develop leading  mobile and digital payment solutions for Everything Everywhere’s 27 million UK customers. One of the first products to launch through the partnership will be a co-branded pre-paid solution for mobile devices that allows customers to make payments using Near Field Communications technology. This will enable millions of Everything Everywhere customers to make contactless payments at more than 100,000 retailers in the UK.

This new strategic partnership will support the accelerated adoption of secure mobile payments by combining technology and financial assets to create new services that will make paying for goods and services easier for people and small businesses.

Over the course of the partnership, MasterCard and Everything Everywhere will expand its scope into other areas, including person-to-person money transfers, loyalty rewards and digital payment services that will enable consumers to have the same simple shopping experience whether they’re paying in-store, online or using their mobile device. In addition, the two companies will develop services that allow small business customers to accept payments using mobile devices, with more details to be announced later this year.

Gerry McQuade, Chief Marketing Officer at Everything Everywhere, said: “By moving our existing co-branded card offers onto mobile devices, we are closer to a world where our customers will be able to use their phone to pay for travel to work, pay for small purchases and take advantage of loyalty rewards from their favourite retail outlets.”

MasterCard and Everything Everywhere have already been working together successfully for the last three years on Orange QuickTap, the first commercially available Near Field Communications-enabled payments service in the UK, and the Orange Cash pre-paid card, both delivered in 2011.

Everything Everywhere it has invested over £15 billion since 2000 building Britain’s biggest mobile networks, and plans to invest over £1.5bn in the next three years to further improve its network and introduce fast 4G LTE mobile broadband services.  Recognised for award-winning customer service, Everything Everywhere employs more than 15,000 people and operates over 720 retail stores across the UK.  It has revenues equivalent to a FTSE 40 company and is backed by two of the world’s leading global communications groups, Deutsche Telekom and France Telecom, who are equal owners.

Update

MasterCard a anuntat semnarea unui alt parteneriat pe 5 ani, de aceasta data cu eNett International, pentru a impulsiona solutiile inovatoare de plata in turism prin utilizarea numerelor de cont virtuale (VAN). Ca urmare a acestui parteneriat, MasterCard devine partener exclusiv in domeniul platilor pentru toare numerele de cont virtuale eNett generate in Europa.

Echipa europeana de aliante strategice a MasterCard a identificat oportunitatea legata de numerele de cont virtuale eNett. Acestea raspund nevoilor industriei turismului de a avea metode de plata mai rapide si mai sigure care ofera, in acelasi timp, un sistem imbunatatit de plati pentru compensarea facturilor.

VAN inseamna numere de cont virtuale. Platforma eNett Payments genereaza un VAN MasterCard cu 16 cifre, pentru o anumita valoare sau limita si, astfel, faciliteaza plata catre un furnizor, printr-o tranzactie sau un set de tranzactii. Numerele de cont virtuale se comporta ca orice card MasterCard cand este procesat de furnizor, astfel incat nu exista niciun fel de impact asupra sistemului.

Foarte sigure, numerele de cont virtuale sunt integrate usor pe site-urile furnizorului, in sisteme computerizate de rezervare (GDS – global distribution systems) si alte instrumente de rezervare, pentru a asigura eficienta si compensare automata la punctul de vanzare.

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In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?