Tuesday, May 25, 2010

MasterCard Making Technology Available to Developers



May 25, 2010, 5:00 AM

MasterCard Wants Programmers to Use Its Payment Technology

There has been a lot of talk about digital forms of payment replacing cash and even credit cards. But MasterCard intends to stay in the middle of the technological innovation.
On Tuesday, MasterCard announced that it would let software developers use its technology in their own online apps and on mobile phones.
“A big part of the strategy is to be able to harness the innovation of others in the developer community to really push our business forward,” said Josh Peirez, MasterCard’s chief innovation officer.

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