Cardstream partners with Mastercard on digital payment options in UK

Dec. 11, 2018

Cardstream, the largest independent provider white label payment software in the U.K., has entered a partnership with Mastercard to provide digital payment technologies to its network.

Cardstream will make Mastercard’s Secure Remote Commerce-ready Masterpass V7 wallet, and its Pay By Bank app, available through API connections to its network of payment service providers as well as independent software vendors and sales organizations, according to a press release.

Masterpass V7 adds EMVCo’s SRC framework to the the Mastercard digital wallet. The framework, backed by various card schemes in the U.K., is designed to replace various payment options in the U.K. and provide a single common checkout experience, according to the release.

Topics: Card Brands, Mobile/Digital Wallet, Mobile Payments, Region: EMEA

Companies: MasterCard

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