Safety and security of electronic payments is the fundamental promise that MasterCard delivers it its cardholders. Its zero liability policy means customers are not responsible for any fraudulent purchases.
Moreover MasterCard always encourage cardholders to check their statements regularly and should any fraudulent activity occur, they should immediately contact the bank that issued the card.
As a result MasterCard continue to work with retailers to make electronic payments the safest way to pay. Chris McWilton, President, MasterCard North American Markets, speaks directly to consumers about what this means:
New data from Worldpay, which surveyed 4,000 shoppers in Europe, shows the continent is becoming more tech-savvy and a keen adopter of new payment technology.
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Just under twenty percent of all card purchases are now being made on contactless cards, according to new data from the UK Cards Association.
In this guest blog, Apriva's SVP, Stacey Tappin, talks about the evolving payment interactions and the increasing importance of providing a cohesive consumer experience across all channels.