C-SAM launches digital wallet powered by MasterPass

Wednesday 4 December 2013 08:50 CET | News

C-SAM, a provider of secure mobile transactions technology offering a range of mobile-based applications for financial institutions, retailers and mobile network operators that incorporate near field communication (NFC), quick response (QR), online, remote, coupons, has launched a digital wallet solution compatible with MasterPass by MasterCard.

The new solution is set to enable financial institutions and processors to build their own wallet offering and deliver checkout solutions for customers shopping at MasterPass-enabled merchants.

C-SAM developed the solution for financial institutions and processors looking to retain control over the consumer experience, technology and data. Pre-integrated with the MasterPass APIs and based on C-SAM’s Mobile Transaction Platform (MTP), the solution offers options for customisation and provides functionalities which can be integrated with existing banking and commerce applications.

To complete their online shopping, customers use the ‘Buy with MasterPass’ button on the checkout page of the merchant website. Consumers can store MasterCard and other branded credit, debit and prepaid card information, address books and more in the digital wallet.

In recent news, C-SAM has unveiled that C-SAM GmbH, its newly established European subsidiary, has recently joined the ‘Forum des Services Mobiles Sans Contact’ (contactless mobile services forum).

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Keywords: C-SAM, digital wallet, MasterPass, checkout, MasterCard, financial institutions, NFC, QR
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce

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