MasterCard teams with Intel to boost digital commerce

MasterCard and Intel are entering a multi-year strategic collaboration to improve the digital shopping experience and consumer financial security. Per terms of the deal, MasterCard will combine its expertise in payment processing with Intel's chip-based security efforts to forge a safer, more efficient checkout process--moving forward, consumers with MasterCard PayPass-enabled smartphones can pay for purchases simply by tapping their device against reader units supporting Intel's Identity Protection Technology. Release