The Mastercard partnership will enable merchants using Netcash’s solutions to accept card payments from select Masterpass-enabled digital wallets across various channels, including physical or digital invoices, e-commerce sites as well as at point of sale.
In terms of functionality, consumers can pay their bills by scanning the QR code with any Masterpass digital wallet, the scan-to-pay functionality in the Nedbank or FNB banking apps, or with Zapper, according to a statement.The consumer will then follow up by selecting the payment card they would like to use and enter their bank card’s ATM PIN or one-time-PIN number to authorise payment. Their account will be updated immediately.
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