Web.com brings MasterPass eWallet to smaller merchants

With the release of Mastercard’s e Wallet, MasterPass,in February, an easy to use online payment service was made available for e Commerce giants but now, Web.com, specialists in a range of online services for small and medium businesses announced that the e Walllet will be made available to its clients.

Now American and Canadian card-holding customers of Web.com’s associated merchants can click the “Buy with MasterPass” button on a web.com customer e Store or go directly to www.masterpass.com to get the ball rolling.

Group Executive of U.S. Customer Delivery, MasterCard, Michael Cyr commented on the announcement saying that, “it's our goal to provide our merchant partners - and ultimately consumers - with an enhanced shopping experience that allows people to pay when, where and how they want…We understand that loyalty is critical for merchants. We've developed MasterPass to provide them a faster, easier online checkout experience for their customers that also aids in increasing sales and ultimately loyalty. And we've done this through a solution that doesn't significantly change the way they currently process Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term."

MasterPass offers checkout services that assist merchants in the acceptance of worldwide payments; MasterPass-connected wallets, giving an individualised wallet offer for banks, merchants and partners and, MasterPass value added services to make the