Masterpass

Masterpass is a free digital wallet from Mastercard that enables online shoppers to quickly and securely check out and make online payments.

Facilitate a quicker checkout process

The Masterpass digital wallet makes online shopping easier, quicker and safer by storing payment information in one secure place. Masterpass works with all major credit, cheque and debit cards and secures the buyer’s data using industry leading technology. Activate Masterpass as a payment option in your PayFast account to enable a faster checkout process for your customers.

Watch this video for more information on how Masterpass works.

Benefits of Masterpass

  • Simple checkout process that reduces cart abandonment
  • Payments reflect immediately in your PayFast account
  • Advanced fraud protection
  • Accept payments from Zapper users
  • Only pay a small all-in-one transaction fee when you make a sale

To start accepting Masterpass payments on your website, register for a free PayFast account.

Masterpass

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FAQ

What is Masterpass?

Masterpass enables online merchants to convert browsers into buyers by providing a fast, convenient, and secure checkout experience. The consumer uses their Masterpass wallet app to scan the QR code on your webpage, chooses the payment card and shipping details they wish to use and completes the payment. The payment information is submitted to the acquirer as usual for processing.

How much does Masterpass cost?

There are no fees for consumers to use Masterpass. As the merchant you will pay a small per transaction fee as with all our other payment methods.

Does the shopper need any special software?

Yes, the shopper will need to download the free Masterpass app for either their Android or iOS device (such as Blackberry, iPhone, iPad, Android etc.)

What payment methods are supported by Masterpass?

Masterpass is an open platform. Along with MasterCard-branded cards, the service allows consumers to pay with Visa and other branded credit, debit, and cheque cards. At this stage, American Express and Diners Club are excluded.