MasterCard demonstrates new ways to pay online using mobile devices

The card company uses a secure element stored on a phone to protect online transactions

MasterCard is testing new ways to make online transactions more secure with its PayPass application and a mobile phone, including using QR codes to secure the transactions.

The card company is cooperating with Dutch bank ING Group on a trial in the Netherlands that will test two ways of securing online transactions. They both use a secure element on the mobile device and MasterCard's PayPass application to offer the same level of security as when paying in a store with a chip-equipped card, according to joint a statement.

In the first scenario, the shopping is done using the phone and the user enters a PIN to authenticate the transaction. The transactions are secured by sending an EMV-compliant cryptogram from the device directly to the merchant's payment gateway for processing.

EMV (Europay, MasterCard and Visa) is a standard for credit and debit payment cards based on chip card technology.

In the second scenario, the shopping is done on a PC or tablet, but the user can then pay on their phone using a secure QR code that connects PayPass application with the online shopping cart.

In both cases, coupons and vouchers can be used as the consumer shops, as well.

This year has seen MasterCard stepping up its mobile push.

In May, MasterCard announced PayPass Wallet Services, which is aimed at banks and merchants that want to offer mobile payments. It includes the PayPass wallet and APIs for partners to launch wallets under their own brand and integration with the PayPass Acceptance Network.

The company is also working with NTT Docomo to allow the Japanese operator's subscribers to make mobile payments when travelling abroad next year.

The Dutch trial has already begun and will run through the first quarter of 2013. A total of 160 users are taking part and they are using Samsung's Galaxy S III, according to ING.

Send news tips and comments to mikael_ricknas@idg.com

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags mobilesmartphonesinternetmobile applicationse-commerceconsumer electronicsMobile OSesMasterCard Worldwide

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Mikael Ricknäs

IDG News Service
Show Comments

Cool Tech

Toys for Boys

Family Friendly

Stocking Stuffer

SmartLens - Clip on Phone Camera Lens Set of 3

Learn more >

Christmas Gift Guide

Click for more ›

Brand Post

Bitdefender 2019

This Holiday Season, protect yourself and your loved ones with the best. Buy now for Holiday Savings!

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Michael Hargreaves

Microsoft Office 365/Dell XPS 15 2-in-1

I’d recommend a Dell XPS 15 2-in-1 and the new Windows 10 to anyone who needs to get serious work done (before you kick back on your couch with your favourite Netflix show.)

Maryellen Rose George

Brother PT-P750W

It’s useful for office tasks as well as pragmatic labelling of equipment and storage – just don’t get too excited and label everything in sight!

Cathy Giles

Brother MFC-L8900CDW

The Brother MFC-L8900CDW is an absolute stand out. I struggle to fault it.

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Featured Content

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?