Mastercard announced that Masterpass is now accepted at more than 10,000 small- and medium-sized merchants leveraging Sage Payment Solutions, a value added payment solution provided by Sage North America. The partnership enables merchants to leverage Masterpass to provide the speed, simplicity and security of digital payments to their customers.
Together, Mastercard and Sage Payment Solutions deliver an efficient way to enable merchants for Masterpass acceptance, which helps smaller businesses provide additional payment options to their customers quickly and easily, and often at minimal cost.
“Small and medium size businesses play an important role in displacing cash and driving digital payment growth,” said Linda Kirkpatrick, executive vice president, Merchants and Acceptance, U.S. “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.”
Masterpass is a digital payment service from Mastercard that enables consumers to look no further than their own trusted bank to make fast, simple and secure digital payments – across devices and channels – anywhere they want to shop: online, in-app, and in-store using contactless technology. Masterpass makes shopping easier than ever, and leverages the most advanced methods of payment security available today. For more information on Masterpass, visit www.masterpass.com.
“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,” said Paul Bridgewater, CEO, Sage Payment Solutions. “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.”
About Sage Payment Solutions USA
Sage energizes the success of businesses and their communities around the world through the use of smart technology and the imagination of our people. Sage has reimagined business and brings energy, experience and technology to inspire our customers to fulfil their dreams. We work with a thriving community of entrepreneurs, business owners, tradespeople, accountants, partners and developers who drive the global economy. Sage is a FTSE 100 company with 14,000 employees in 24 countries. For more information, visit Sage.com.
Mastercard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Mastercard products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MastercardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.