MasterCard Over-the-Air Provisioning Service launches

Financial services giant MasterCard Worldwide announced the launch of its MasterCard Over-the-Air Provisioning Service, a program enabling issuers to personalize cardholders' mobile devices via one-step, over-the-air process. With the MasterCard Over-the-Air Provisioning Service, issuers can more efficiently implement contactless PayPass solutions with minimal effort, enabling NFC-enabled mobile devices to process perform payment transactions at all merchant locations with PayPass-enabled point-of-sale terminals. According to MasterCard, the PayPass application is transferred onto a secure area of the consumer's mobile phone, then personalized with their individual payment account details. The service will be available for download through issuing banks' websites.

For more on the MasterCard Over-the-Air Provisioning Service:
- read this release

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