Fintech Unwrapped: Mastercard launches digital wallet solution for new developers
What's happening
Mastercard has launched Wallet Services, a set of tools, SDKs and a Secure Element applet that let banks and fintechs add contactless payments and build digital wallets inside their existing iOS and Android apps without managing separate integrations or EMVCo certifications. The platform supports both operating systems so companies can develop payment features across iOS and Android from the same stack. Mastercard positions this as a way for financial firms to offer in-app wallets that compete with tech giants that have dominated mobile wallets.
Why it's trending
This is rising because Mastercard's new Wallet Services lowers technical and certification barriers for banks and fintechs to add contactless payments inside their apps now that mobile wallet access and NFC capabilities are a key battleground.
SignalNewly emerging, confirmed across 1 independent source type.
Story volume
Stories per dayAngles you could write
Stop outsourcing customer relationships to Apple and Google: Mastercard's Wallet Services hands banks the tools to own payments inside their apps today.
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Original sources4
- Fintech Unwrapped: Mastercard launches digital wallet solution for new developers
Payment Expert’s Fintech Unwrapped delivers the latest developing news that has shaped the sector over the course of the last week. This week, Mastercard launched its Wallet Service solution after Apple enabled digital wallet providers access to its NFC technology, simplifying contactless payments. Also this week, Nubank became a fully licensed Mexican bank the same […]
Payment ExpertJul 17 - Mastercard rolls out service to help developers build mobile wallets
Mastercard has introduced a set of software tools and services designed to make it easier for banks and fintechs to add contactless payments into their iOS and Android apps.
FinextraJul 17 - Mastercard Gives Financial Firms In-App Wallet Tools
As mobile wallets have become increasingly mainstream, they have largely been dominated by technology giants like Google and Apple. Mastercard is looking to broaden that landscape with new tools that allow banks and fintechs to build their own digital wallets directly into their existing apps. Mastercard’s Wallet Services platform enables companies to develop digital wallets […] The post Mas
PaymentsJournalJul 16 - Mastercard Launches Tools for Banks to Build Digital Wallets in Existing Apps
Mastercard has launched wallet-building tools that let banks and fintechs add contactless payments to their apps. The Mastercard Wallet Services supports iOS and Android, allowing companies to build payment features across both operating systems without managing separate integrations or EMVCo certifications. The service includes software development kits and a Secure Element applet. It works with
Fintech News SingaporeJul 16
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