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MasterCard Expands Mobile Payments Technology

Consumers around the globe continue to use mobile devices rather than dip or swipe payments cards for more of their MasterCard purchases. In less than a year since announcing support for Host Card Emulation (HCE) and cloud-based software for both secure contactless and remote payment transactions, MasterCard has recently announced that new projects are underway in more than 15 countries. These projects provide consumers with more options for payment experiences across their Android devices. In offering an alternative to the secure element (SE)-based approach to digitizing card credentials into mobile devices, MasterCard Cloud Based Payments creates a foundation for rapid global deployments of mobile payment services.

Read the whole story at Let's Talk Payments »

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