Masterpass by Mastercard is a digital wallet service that allows customers to store all of their payment and shipping information in one central, secure location. With Masterpass, customers can shop, click, and check out faster on your website.
Contact us to request access to the limited release.
Your customers can store the following card types in their Masterpass wallet:
- American Express
- Diners Club
Masterpass transactions process and settle just like credit card transactions. You can identify Masterpass transactions in the Control Panel by their unique payment type logo, which includes the credit card brand name at the bottom.
There are no additional fees for processing Masterpass transactions – pricing for Masterpass is the same as your other credit card transactions.
Chargebacks, retrievals, and pre-arbs on Masterpass transactions behave the same way as your credit card disputes, and should be responded to according to your merchant account setup. If you’re unsure how to handle a dispute, contact us for assistance.
Masterpass transactions are compatible with our AVS and risk threshold Basic Fraud Tools, and our Advanced Fraud Tools. CVV rules are bypassed for all Masterpass transactions, as Masterpass wallets do not save CVV values.
Vaulting can only be used to support recurring transactions and you will need to obtain approval from Masterpass in order to do so. Masterpass does not support split shipments or one-off transactions with vaulted payment information. Contact us to start the approval process.