Great news for all the selfie lovers: Thanks to MasterCard’s new ‘selfie pay’ mobile application, selfies may finally be a security necessity in the face of increased credit card fraud.
A survey carried out by MasterCard has found 49 percent of people will not be using cash in ten years’ time. We asked The Reserve Bank and a retail expert what the chances are of New Zealand becoming a cashless society.
Peter Chisnall is the country manager for MasterCard New Zealand. In his previous role at the MasterCard office in Melbourne, he played a key role in rolling out MasterCard’s latest digital wallet technology, MasterPass. The Register found out what innovations it can offer.
Kiwi consumers are feeling a whole lot better about the economy than their Australian neighbours across the ditch, MasterCard reports. However, New Zealand may just look good in comparison to Australia’s dire situation, as BNZ is reporting a grimmer outlook.
Soon, your face will be useful for more than just looking pretty. MasterCard is developing a new programme that lets you approve online purchases with a simple blink of the eye.