MasterCard Quick Payment Service (QPS)

The Benefits to Merchants

With QPS, merchants will serve more customers; faster. MasterCard QPS also offers the merchant additional benefits:

  • Chargeback protection – on MasterCard transactions under specified limits, an issuer cannot chargeback a transaction for specific reasons, including: “non-receipt of item”, “requested item illegible” and “no cardholder authorization transactions”
  • Increased sales – customers are no longer restricted by cash on hand, so they tend to spend more and are satisfied by the increased speed of the transaction
  • No additional equipment required – merchants use their existing payment terminal to process a MasterCard QPS transaction