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-4.72893731320268E-05 -0.000208073241781133 0.000226988991033943 0.000510725229826534 0.000624219725343398 -0.000170241743275296 -0.000170241743275296 -0.000170241743275296
Stock impact report

Mastercard Brings Payment Passkey Service to Latin America [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
With the help of the partners, MA's Payment Passkey Service will make its debut in the Latin America region. Initially, this groundbreaking solution will be provided to the users of Sympla and Yuno, with plans for a broader rollout to follow. The Payment Passkey Service utilizes Mastercard's tokenization technology, which substitutes the primary account number with a secure token. This ensures that no card data is shared with third parties, rendering it unusable to fraudsters and scammers in the event of a data breach. Notably, the popularity of payment passkeys is owing to its hassle-free usage. The service allows shoppers to select their Mastercard during checkout with Click to Pay or choose a securely stored card on a merchant's platform. Payment confirmation is completed through authentication using device-based biometrics, such as fingerprints or facial recognition features. Once authenticated, the transaction is seamlessly processed. Therefore, the MA solution simplifies e Show less Read more
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