MasterCard is launching the Mobile MasterCard PayPass User Interface Software Development Kit (UI SDK) for Android and BlackBerry OS 7 mobile operating systems (view press release). The new toolkit is designed to help issuers, mobile network operators and third party developers build new mobile applications that give consumers PayPass Tap-and-Go contactless payments via their smartphone.
Prior to the launch of the Mobile MasterCard PayPass UI SDK, highly specialised skills were required to develop applications that could interface with the NFC capabilities in smartphones such as Samsung Galaxy S3, HTC One X, Sony Xperia S and RIM BlackBerry Bold 9900.
MasterCard’s toolkit provides a number of tools to integrate Mobile MasterCard PayPass into a proximity payment mobile UI application, a mobile banking application or a mobile wallet application. The White-Label Reference UI Application allows financial institutions to create a contactless mobile application within their own branded app. MasterCard has also streamlined the UI approval process so that customers can bring a Mobile MasterCard PayPass service to market.
In another big deal for the global payments industry this week, credit card firm Visa has inked a partnership with digital payments processor PayPal.
The five fintech startups joining credit card company’s Capital One’s new fintech accelerator in Nottingham have been named, including Credit Kudos, Multisense, Pariti, Warwick Analytics and WealRo.
Europe continues to see rapid adoption of emerging payment technologies as consumers in digitally savvy countries like Sweden and the UK continue to drive adoption of methods like contactless across the region. In our latest infographic we take a look at what the latest numbers tell us about the evolution of payments in the region and what they tell us about the future of cash, cards and contactless.
According to new research commissioned by global payments provider TNS, more than a quarter (28%) of people aged 25 to 34 have already made a biometric payment, and are leading the way in the take up of this new technology.