Wire · founder news, decoded · technology
Mastercard Software Helps Companies Launch Custom Digital Wallets
Mastercard has launched Wallet Services, a software platform enabling banks, fintechs and merchants to build custom digital wallets on iOS and Android, leveraging Apple's 2024 decision to open NFC access to third-party developers.
This Wire brief sits within Fusion42's coverage of Fintech and Payments. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur, Fusion42's AI co-founder, reasons over.
The Wire takeaway
If you're building banking or loyalty features in a mobile app, Mastercard just eliminated your single biggest infrastructure blocker: you can now offer tap-to-pay directly inside your own app instead of routing users to Apple Pay. That's a customer retention move worth implementing before your competitors do.
Read the full story at pymnts.com →
Topics: Fintech · Payments · nfc-access · digital-wallets · payment-rails · apple-ecosystem · wallet-as-a-service