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August 12, 2022
BUSINESS

MasterCard and Orange expand MasterPass™ payment processing network in Romania

MasterCard, leading developer of digital payment solutions and operator of the world’s fastest payment processing network, announces the expansion of the MasterPass™ payment processing network in Romania by integrating the series of digital services within the platform of Orange Romania, the leader of the local mobile telephony market.

The two companies are thus continuing their long-term partnership, with the goal of developing and implementing the most innovative and secure technologies, by integrating one of the most modern and efficient solutions available in the global landscape of digital payments. At the same time, MasterCard and Orange Romania are consolidating their mutual efforts to promote electronic payments and to diversify the range of digital solutions available for Romanian consumers.

Following the integration of MasterPass™, which will take place in March, consumers will benefit from a simplified payment experience using their digital MasterPass wallets. By selecting the “Buy with MasterPass™” option as payment option, users will no longer have to introduce their card information and address for every purchase made online or on their mobile phone, the data being securely relayed to Orange, from the consumer’s digital wallet, through MasterPass™.

“MasterCard is one of the global leaders of the transition toward digital payments, our innovative products setting new standards in what concerns the consumers’ connection with the technological solutions of the future. We are happy to have Orange as partner that explores the innovation potential of the digital payments universe and that shares our vision, that of offering consumers the newest services and benefits and of improving their payment experience – and this is the essence of an authentic partnership,” stated Gabriel Ghita, MasterCard Head of New Business Central and Eastern Europe.

At international level, MasterPass™ is present in 29 countries. From March to September 2015, MasterPass™ transactions in Europe registered an average monthly growth of 40 per cent, proving the users’ satisfaction with and confidence in this product.

“Our clients are using online payments ever more, that is why we want to meet them, to bring innovation and technological progress in all of their interactions with Orange Romania. The digital wallet launched in partnership with MasterCard will offer those who make frequent online payments the possibility of making a payment with just a click, a rapid and easy purchasing experience on all connected channels,” Orange Romania Chief Commercial Officer Julien Ducarroz stated.

MasterPass™ is MasterCard’s digital payment solution that simplifies the consumers’ entire payment experience, allowing them to pay with their preferred digital wallet, using any device, wherever MasterPass™ is accepted. The MasterPass™ checkout service offers traders who want to boost purchase transactions and speed a simple way of accepting payments through digital wallets issued anywhere in the world, offering a faster, easier and safer purchasing experience for their busy clients. MasterPass™ offers banks, traders and partners a wide range of digital wallet solutions – from “turnkey” to fully customizable ones.

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