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40% increase month-on-month of MasterPass transactions in Europe

Thursday 10 September 2015 11:35 CET | News

MasterCards MasterPass solution, launched in February 2013, is now accepted at over a quarter of a million retailers around the world, and the number of MasterPass transactions in Europe have increased at an average of 40% every month from March, 2015.

The digital payment solution is accepted in 24 countries around the world and more recently in Germany, Belgium, Hungary and Turkey.

MasterPass is mostly accepted at restaurant chains and for concert ticket purchases in UK, by various retailers in Italy, with over 5,000 retailers since its launch in 2013, and in Turkey is mostly used as the wallet for everyone willing to buy a coffee, pay the taxi and order food and drinks online.


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Keywords: MasterCard, MasterPass, Europe, card scheme, online sales, money transfers, remittance, payment flow, ePayments
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce