MasterCard has announced the New Zealand launch of MasterPass, its digital wallet, which is available from today.
Westpac is the first bank to issue the wallet in New Zealand.
Here's MasterCard's full statement
MasterCard today announced the New Zealand launch of its ground-breaking digital payments technology MasterPassTM, which is available from today.
MasterPass is the digital platform from MasterCard that gives shoppers a seamless, secure and speedy checkout – regardless of where they may be and what device they may be using. MasterPass eliminates the need for consumers to enter detailed shipping and card information to complete their online shopping at MasterPass merchant sites.
Local partners live today with MasterPass include Westpac New Zealand, which will be the first bank to issue wallets in New Zealand and payment technology providers Fontis, Flo2Cash, IP Payments, Payment Express, Paystation and Solutionists. Local retailers already accepting MasterPass include Webjet, BuyInvite, DC Shoes, Jeanswest, LivingSocial, NZSALE, Quiksilver and Roxy.
Additional partners working with MasterCard on MasterPass include ANZ, BNZ, and Kiwibank and those retail partners looking to implement include Book My Show, Briscoes, Event Cinemas, Fishpond, Live Nation, Living & Giving, Rebel Sport, Ticketmaster, plus many more.
Consumers can conveniently and securely store MasterCard and other branded credit, debit and prepaid card information, address books and more, removing the need to manually enter payment details as is necessary with most existing online payment systems. This simplifies the process of completing a transaction from any connected device, particularly those with smaller screens, and enables consumers to discover enhanced shopping experiences that are as simple as a click, tap or touch – online, in-store or anywhere.
“MasterPass is about providing consumers and businesses with convenience, accessibility and security,” said Peter Chisnall, MasterCard New Zealand Country Manager.
“New Zealand consumers are financially and technologically savvy, and there is a real appetite in the market for a safe and efficient way to make digital payments. MasterPass is a crucial step in the evolution from plastic cards to digital wallets.
“With MasterPass, consumers can safely do their grocery shopping on the bus on the way home from work, or make a last minute gift purchase during their lunch break, without the need to re-enter card and shipping details.”
Partners already signed up are excited about the opportunities this creates for their own business.
“Digital devices are giving customers more control over the transactional side of their banking and more ability to self-serve at a time and place that suits them,” said Shane Howell, Westpac Chief Product Officer.
“MasterPass is an extension of this and we expect it will quickly become very popular with our customers. We're very excited Westpac can be the first New Zealand bank to offer MasterPass and expect this to translate to a more secure and seamless online experience.”
David Galt, CEO, Webjet Australia & New Zealand says as a leading online travel agency, Webjet is committed to empowering customers with greater travel choice and convenience.
“The addition of MasterPass enhances our website on both of these fronts. MasterPass is simple and convenient across devices, and is a choice in payment options we believe customers will value.”
Currently over 40,000 merchants around the world accept the option to make online payments with MasterPass. MasterPass-enabled merchants include Zuji, Singapore Airlines, J. Crew, Rakuten, Kate Spade, Harvey Norman, JB Hi-Fi, Boots UK, Bass Pro Shops and Beyond the Rack. A full list of New Zealand merchants can be found at: http://shopnow.masterpass.com/en-nz
Supporting Partner Quotes
"Digital devices are giving customers more control over the transactional side of their banking and more ability to self-serve at a time and place that suits them. MasterPass is an extension of this and we expect it will quickly become very popular with our customers. We're very excited Westpac can be the first New Zealand bank to offer MasterPass and expect this to translate to a more secure and seamless online experience.” Shane Howell, Westpac Chief Product Officer.
“Kiwibank expects customers’ interest in digital payments to continue to grow, and feels that solutions like MasterPass significantly ease the online experience.” Mark Wilkshire, General Manager, Personal Markets Kiwibank.
“MasterPass creates an easy, convenient and most importantly, secure way for people to transact when paying online. BNZ is looking forward to exploring the opportunities that this service can provide for our customers.” Stephen Bowe, Head of Digital, BNZ.
“As a leading online travel agency, Webjet is committed to empowering customers with greater travel choice and convenience. The addition of MasterPass enhances our website on both of these fronts. MasterPass is simple and convenient across devices, and is a choice in payment options we believe customers will value.” David Galt, CEO, Webjet Australia & New Zealand.
“After building a strong strategic alliance with MasterCard and MasterCard’s PayPass through our market-leading brands Event Cinemas and Rialto Cinemas in New Zealand, we are excited about opportunities associated with the next generation of technology, including MasterPass. Most customers begin their journey with us in the digital space by booking and buying movie tickets online and on mobile. Innovation that supports this is a huge focus for our business going forward and in fitting with our direction in other parts of the world.” Kristie Atkins, Director of Sales, AHL.
“At New Zealand’s number #1 online shopping club we are always looking to improve a member’s experience. We are implementing MasterCard's MasterPass at NZSALE because we believe that not only will it will help improve the current checkout process for our members, but that it will also increase our conversion rates by enabling a new secure, convenient and easy way for online shoppers to complete their purchases.” Richard Butler, Head of Customer Relations, NZSALE.
“As Australasia's largest online store, Fishpond gives our customers the best online shopping experience with over 19 million products, great prices, and free delivery. We've worked hard with MasterCard to be one of the first companies in New Zealand to launch their innovative, efficient and secure MasterPass wallet this week, to give our customers even more payment options. ” Ben Powles, GM, Fishpond Limited.
“We see MasterPass removing another obstacle on the path to purchase. Quick, seamless and secure transactions, particularly on mobile, are why we’ve chosen to integrate MasterPass.” Franc Renzi, GM Business Development, Jeanswest.
“MasterPass delivers another conversion- driving payment option for EstarOnline merchants that help to reduce shopping cart abandonment. For their customers: a quick, secure checkout option simplifies shopping across multiple devices and touch points.” Matt Thomas, Solution Specialist, EstarOnline.
“As ecommerce solution providers, Solutionists look for every opportunity to improve the user experience of our client’s website. The MasterCard MasterPass will simplify the process of checking out; improving usability and increasing conversion rates.” Frank Gilbert, Managing Director, Solutionists Ltd.
“Due to MasterPass being built into the Payment Express hosted payment page it enables our Merchants to offer a quick and secure payment option without any additional integration.” Joel Martin, Business Development Manager, Payment Express.
“MasterPass allows our corporate customers to provide an additional, convenient payment channel to their end-customers. This delivers a better customer experience by providing additional choice which in turns assists with enhancing cashflow. IP Payments has made this wallet solution an option for our customers across our full range of payment, accounts receivable automation and PCI-DSS compliant products.” Bruce Proffit, New Zealand Manager, IP Payments.
“As a payment gateway, speed, security and convenience are paramount to the success of our merchants, and MasterPass delivers all three to our merchants, and to our merchants' customers.” Gerard Creamer, Managing Director, Paystation Limited.
“A product like MasterPass is long overdue for New Zealanders who regularly shop online. Using MasterPass at checkout is simple, easy and is a real timesaver. I have used it a few times and checkout has been a breeze. I can’t wait till all our online merchants starting offering MasterPass at checkout, as it is going to be a real timesaver for their customers.” Tehmus Mistry, CEO, Flo2Cash.