The new toolkit allows issuers, mobile network operators and third party developers to build mobile applications that enable consumers to use the PayPass Tap-and-Go contactless payments from their smartphones.
In recent news, MasterCard has extended its US electronic payments roadmap to include the ATM channel. Thus, starting with October 2016, a liability shift hierarchy will be introduced for ATM transactions in the US, as part of an effort to globally align the use of EMV technology to prevent and manage fraud in the payments ecosystem.
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