MasterCard has released a digital payment and shopping app in stadiums within Chile, as the country hosts a national sporting event.
The app is called Qkr! and is available for Android and iOS devices. Customers using Qkr! will be able to purchase food, drinks and gifts without needing to queue. MasterCard developed the technology under the “quicker” concept to make online shopping faster.
MasterCard has finally released the app in Latin America to deal with the large number of purchases expected to be made within Chilean stadiums during the Copa America football tournament, which is currently taking place.
The app will be initially made available at the National, Estadio Monumental David Arellano and La Portada stadiums. Qkr! has already proved successful in countries such as the US, Australia and Canada.
‘‘This is a cutting-edge payment option that we are proud to offer. The app is available for download and may be used to order food at all matches taking place at the National, Estadio Monumental David Arellano and La Portada stadiums effective June 15,’’ said Patricio Sandoval, general manager of MasterCard Chile.
Using Ripple's enterprise blockchain solutions, Standard Chartered has completed its first real-time cross-border payment for businesses with another major correspondent bank.
Three years on from being acquired by PayPal, Braintree, a company which allows merchants to process a range of different payments, has revealed the number of its payment transactions has increased by 25 times.
Fresh from its $4.5bn IPO, Nordic payments processor Nets has picked Spire as its partner to help with the physical roll out of mobile payments for Dankort customers.
Square has introduced a new update to its contactless and chip readers that reduces transaction speed to 4.2 seconds.