MasterCard Introduces Digital Wallet
- May 9, 2012
May 8, 2012 – MasterCard announced plans to introduce a digital wallet, “PayPass Wallet Services”, in Q3 2012. MasterCard currently operates PayPass services, a contactless payment system, in stores, but PayPass Wallet Services will expand the service to online retail sites and mobile device users. American Airlines and Barnes & Noble will reportedly be the first merchants to adopt the service on their websites.