The payment platform will enable shoppers to perform transactions during checkout. PSCU will initially implement the online wallet functionality in spring 2013. In this initial phase, MasterPass provides online shoppers a check-out process by eliminating the need to enter detailed shipping and card information with every purchase. PSCU’s future implementation phases of MasterPass may allow consumers to go beyond plastic and use an enabled device for in-store purchase transactions.
Following a prototyping and pilot period, PSCU will communicate availability of the solution to its Member-Owner credit unions.
In addition to MasterCard cards, consumers can use other branded credit, debit and prepaid cards. Consumers register their payment cards with MasterPass through their credit union’s own branded MasterPass site to store their payment, billing and shipping information in one convenient and secure location.
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