Tag: digitalfirst

Mastercard Extends Its Digital-First Program for Easy Payment

In an effort to provide easy digital payment mechanism to its customers, Mastercard Inc. MA is expanding its Digital First Card program by collaborating with a number of payment processors. Digital-First is a Mastercard program that provides a complete digital experience in the world of payment methods.

The payment processors aiding Mastercard in this process are CoreCard, FIS, Fiserv, Galileo, i2c, Marqeta, PTS and TSYS, a subsidiary of Global Payments Inc. GPN. Via these payment processors, Mastercard will ensure that customers  can enjoy the best-in-class digital banking experience including near-instant access to card information, the flexibility to shop with ease and the peace of mind to securely transact, et al.

Mastercard’s Digital-First program is an innovation aimed to make a change in the consumers’ mindset as it revolutionizes the way people think when making payments today. It allows the customer to get a 100% digital product. This implies that financial

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Mastercard opens Apple Card digital-first card-issuing model to processors

Mastercard is making the much-admired Apple Card-like experience—nearly instant access to a payment card issued on the spot through a mobile device—available through mainstream and digital card processors.

The Purchase, N.Y.-based card network hinted last year that Apple Card’s streamlined model would not remain exclusive.

Now processors including FIS, Fiserv, TSYS, Galileo, Marqeta, i2c and PTS are adopting Mastercard’s tokenized Digital Card First Program for their card issuers, Mastercard said in a Wednesday press release.

The move comes about a year after the Apple Card launched from Goldman Sachs on Mastercard’s platform, introducing a combination of streamlined features including an online application, near-instant issuance and activation, in-app account management and an optional physical card.

Apple Card was first announced in March 2019 and it has been a hit with credit card customers, according to Goldman Sachs and Apple, though the companies have not disclosed the number of accounts or their

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