Through a partnership with payment processing company Sage Payment Solutions, Mastercard announced that its digital payment service, Masterpass, will be accepted at more than 10,000 small- and medium-sized merchants.
“Our collaboration with Sage Payment Solutions means that thousands of smaller merchants will now have access to a new, secure checkout option to advance their business and remove friction at the point of sale. This agreement reinforces the commitment we’ve made at Mastercard to increase acceptance by bringing the safest and best payment technologies to all merchants,” Linda Kirkpatrick, executive vice president, Merchants and Acceptance, U.S., said.
Masterpass enables consumers to make fast, simple and secure digital payments across devices and channels, including online, in-app, and in-store using contactless technology. Masterpass also uses advanced methods of payment security.
“We know that small businesses and their customers expect a frictionless buying experience from anywhere and need an affordable, dependable payment solution to provide this,” Paul Bridgewater, CEO, Sage Payment Solutions, said.
“Working with Mastercard, we’re able to keep both merchants and their customers ahead of change, providing simple, intuitive technology that enables the selling and buying of goods from anywhere via any type of payment system. This partnership represents an important step towards our ambition of helping customers take on what’s now and what’s next in their business,” Bridgewater said.
Sage Payment Solutions is a technology company that operates one of the payment processing networks.