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
How to Become a QPS Merchant
To become a MasterCard QPS merchant, please contact your acquirer/payment processor. Click here for a full list