Wal-Mart Stores Inc. disclosed Jan. 4, 2016, that it plans to add MasterPass to all its e-commerce websites this year. Launched in 2013 by MasterCard Worldwide, the MasterPass e-commerce platform is designed to enhance and simplify digital payment transactions. Approximately 250,000 retail locations and 24 countries use the free service, which is easy to implement and use, MasterCard stated.
"We have enjoyed a longstanding business relationship with Walmart and are pleased to expand this into the online and mobile channels through MasterPass," said Michael Cyr, Group Executive, U.S. Market Development at MasterCard. "With MasterPass, consumers can go online, place their order and pay with just a click."