China: MasterCard releases e-payments service for ecommerce businesses

Tuesday 27 January 2015 00:32 CET | News

MasterCard and Bank of China Services (BOCS), the acquiring subsidiary of Bank of China, have partnered to enable payments via MasterPass, MasterCard’s global digital payment solution.

Via the partnership, BOCS will accept MasterPass payments from merchants with a BOC bank account. With a MasterPass wallet, consumers can store MasterCard and other branded credit, debit and prepaid card information, along with shipping addresses so that they can be accessed when they come to pay.

MasterPass is currently accepted by over 70,000 merchants in 16 countries including China, as well as Australia, Canada, Czech Republic, France, Italy, New Zealand, Poland, Romania, Russia, Singapore, South Africa, Taiwan, UAE, UK and the US.

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Keywords: China, MasterCard, MasterPass, partnership, online payments, cards, pyments solution, Customers, merchants, ecommerce
Categories: Payments & Commerce
Countries: World
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Payments & Commerce

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