Monday, May 7, 2012

MasterCard aims to bring wireless payments to all with PayPass Wallet

MasterCard PayPass

While the show down here at CTIA doesn't officially open until tomorrow, the folks at MasterCard held an event this evening to let us in on some of their big news that they have coming. It has become very obvious that people want to be able to quickly and easily pay for things, they want a one click payment and a quick in store experience and that is exactly what they have landed here. PayPass from MasterCard brings quick and easy mobile payments both in the form of using NFC while out and about, as well as a simple one click payment while shopping online.

While it won't be in our hands just yet, the folks at MasterCard are aiming to have this out there for the public in Q3 of 2012, which isn't all that far off. Beyond the development that they have done, they are also opening up the API for this, allowing third party developers to integrate these great new features into their applications as well. From a simple tap and go payment in a cab or at the store, to a one click order of a plane ticket or anything else, this is definitely something many will enjoy. Don't worry, if you don't have a MasterCard you won't be left out of all the features, they are working with other card companies and manufacturers to ensure that they people are taking full advantage of the powerful technology that they are bringing to the table. Full release after the break.

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