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MasterCard

(via Engadget)

The feature was announced today at TechCrunch Disrupt by Facebook’s Messenger chief David Marcus, who noted that the payments system will support most credit cards and payment services including Visa, MasterCard, American Express, Stripe, PayPal and Braintree. From the consumer side, users will see "Buy Now" links popping up in relevant chats. Tapping the link will bring up a quick payment confirmation tab that automatically defaults to whichever credit card a user has tied to their Facebook or Messenger account. The feature is currently available for certain developers as a closed beta, but businesses and devs can still apply to be included in the test run before it rolls out to all developers.

In addition to the speedy new payment system, the latest version of the Messenger Platform also allows developers to pull in additional UI elements like quick responses, shipping notifications or flight updates, as well as the ability to make Newsfeed ads point directly to Messenger chats. Finally, there are some new share features that allow users to forward individual chat messages or invite friends to start their own thread with a particular bot.

Complete story at source: Engadget
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(via Payments News – from Glenbrook Partners)

This morning MasterCard announced the launch of a new Digital Enablement Express (Express) program designed to expedites the process of digitizing and tokenizing MasterCard accounts through the MasterCard Digital Enablement Service (MDES). According to the press release, "financial institutions of all sizes gain immediate access to the latest digital payments services, while MasterCard partners – digital wallet providers, device manufacturers, card on file merchants and other digital payment providers – have a simple onboarding process to engage with all participating banks." Capital One, Fifth Third Bank and KeyBank are among the first issuers to announce their support for the program….

Complete story at source: Payments News – from Glenbrook Partners
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(via TechCrunch)

Fingerprint The payments industry, facing the risk of increasingly sophisticated cyber-attacks and various types of credit card fraud, has begun incorporating various types of biometric technology to enhance security and prevent breaches. As recently reported, MasterCard is launching a facial recognition payment service based on “selfies” taken on a smartphone. Read More

Complete story at source: TechCrunch
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(via TechCrunch)

Shot of room where TechCrunch Disrupt Hackathon was held in NYC in May, 2015. That meant if you wanted to add a service like taking a credit card, you needed to code it all manually. Today with a few lines of code, you can tap into some remarkable resources whether it’s a payment network like MasterCard, a mapping service like ESRI or the machine learning engine that powers IBM’s Watson. When you look at the hacks that came out of the past… Read More

Complete story at source: TechCrunch
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