New MasterCard Program Streamlines Engagement Process with Thousands of Banks for Greater Consumer Reach
PURCHASE, N.Y. – September 8, 2015 – MasterCard announced that Google will be among the first digital partners to participate in its Digital Enablement Express program , which the company launched earlier today with support from several leading banks. Through its participation in Express, Google will have a streamlined onboarding process to engage with all participating MasterCard issuers around the globe, accelerating consumer access to Android Pay.
“We are looking forward to bringing a best-in-class payments experience to consumers with Android Pay. Working with MasterCard’s Express platform will give us a highly scalable way to enable issuing banks to participate in Android Pay, while at the same time, launch a service that has broad consumer access,” said Ariel Bardin, Google’s VP of Payments.
Express expedites the process of digitizing and tokenizing MasterCard accounts through the MasterCard Digital Enablement Service (MDES). Financial institutions of all sizes gain immediate access to the latest digital payments services, while partners such as Google have a simple onboarding process to engage with all participating banks. Together, they are able to deliver new services like Android Pay more quickly to consumers around the world.
“MasterCard is committed to facilitating the simple, efficient delivery of secure, tokenized digital payments at scale. We believe that partners like Google play a critical role in commerce, and Express is the latest example of programs we are designing to help them succeed in delivering innovative and safe products to our cardholders,” said Ed McLaughlin, Chief Emerging Payments Officer, MasterCard.
The MasterCard Digital Enablement Express program is available today. For more information on how to participate, please visit https://www.mastercard.us/en-us/issuers/products-and-solutions/grow-manage-your-business/digital-commerce-solutions.html.
About MasterCard
MasterCard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.
Media Contacts:
Brian Gendron
Product Communications, MasterCard
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Seth Eisen
Corporate Communications, MasterCard
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