New
#1
Why is this more secure or better than existing Mastercard Secure Code?
A trusted way to shop online is coming to a Windows 10 device near you
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New #4
In the video they just tap the Masterpass icon. How would this be secure if someone was to get access to your device?
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New #5
Here in Canada, we have debit cards with built in chips that use NFC technology. We just tap our cards on the authorization machine and go. Here's the security of it tho; you can only use it for purchases up to $50 and you will be randomly asked for your pin number. You never know when you will need to know your pin number. If you don't enter your pin number, your tap n go will be disabled. If you lose your card, just report it missing and you will not be responsible for any charges. It also stops people from using credit or debit card skimming technology to steal your card's info, as the card is not swiped by a machine.
Snarks
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New #6
i'm assuming you guys up there walk around with lead lined wallets and purses, cause that tech is BEGGING to be scanned by ANYONE walking by you.Here in Canada, we have debit cards with built in chips that use NFC technology. We just tap our cards on the authorization machine and go. Here's the security of it tho; you can only use it for purchases up to $50 and you will be randomly asked for your pin number. You never know when you will need to know your pin number. If you don't enter your pin number, your tap n go will be disabled. If you lose your card, just report it missing and you will not be responsible for any charges. It also stops people from using credit or debit card skimming technology to steal your card's info, as the card is not swiped by a machine.
Snarks
Smart, as in SmartA##
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New #7
This isn't correct. Card details of 'contactless' cards as we call them in the UK can easily be scanned by someone passing by with a sensitive scanner unless you wrap your cards in a Faraday Cage (foil). I've changed any contactless cards I've received to a non-contactless card.Here in Canada, we have debit cards with built in chips that use NFC technology. We just tap our cards on the authorization machine and go. Here's the security of it tho; you can only use it for purchases up to $50 and you will be randomly asked for your pin number. You never know when you will need to know your pin number. If you don't enter your pin number, your tap n go will be disabled. If you lose your card, just report it missing and you will not be responsible for any charges. It also stops people from using credit or debit card skimming technology to steal your card's info, as the card is not swiped by a machine.
Snarks
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A trusted way to shop online is coming to a Windows 10 device near you
Posted: 24 Oct 2016
Masterpass, the omni-channel digital payment service from Mastercard, is connecting with Microsoft Wallet. You値l soon be able to shop at hundreds of thousands of online merchants that accept Masterpass.
The Masterpass vision is to support all forms of commerce to address the full range of consumer needs. In bringing two iconic consumer brands together, users of Windows 10 phones, tablets and desktops that are also Mastercard cardholders will have a simple and secure way to pay online.
Why else are we excited to be working with Microsoft?
Reach: With more than 400 million monthly active devices now running Windows 10, the Windows platform represents a great way to reach consumers in the U.S. and around the world.
Security: Masterpass, which already has multiple layers of security including EMV standard tokenization and encryption, will get even more secure with Windows Hello technology.
Acceptance: Masterpass today is helping hundreds of thousands of merchants across the world accept millions of secure transactions. Tthis partnerships will enable Microsoft Wallet to reach a growing network of online merchants in a simple and secure way.
Windows devices offer a versatile computing platform for consumers and we are excited to bring the best payment experience to these devices.
Source: A trusted way to shop online is coming to a Windows 10 device near you | Windows Experience Blog
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