'Click, please': How acceleration of e-commerce is transforming checkout
Consumers seek simple, secure, and seamless ways to pay
Shopping for groceries from your couch. Paying for prescriptions with a tap of a phone. Bypassing shipping fees with a curbside pickup. Mastercard's research shows a massive and sudden move away from cash, and a steep increase in e-commerce.
Changing the way we pay
Worldwide consumer polling tells us that almost 7 in 10 consumers say the shift to digital payments will likely be permanent*
The digital commerce growth engine
Mastercard powers faster, seamless online shopping experiences for Amazon customers
The rise of e-commerce means more consumers are saving their card details online. Together with Amazon, we’re eliminating the need to manually update card credentials and increase peace of mind at checkout when customers in 12 countries around the world make purchases at Amazon online stores. Read more about how we’re scaling our tokenization technology globally here:
Simple and secure way to manage your money
Samsung, SoFi and Mastercard team up to offer a simple and secure way to manage everyday finances—with a no account fee, higher-interest earning cash management account and debit card within Samsung Pay.
Now more than ever, people are counting on their technology to help them pay, shop, and manage their finances. At the same time, many people prefer payment methods that can earn interest instead of paying it. Samsung Money by SoFi offers the best of both: a no account fees, higher-interest earning, money management experience that combines the convenience of mobile payments and the control of a debit card.
*Source: Mastercard COVID-19 Consumer Polling Study
**Source: Mastercard SpendingPulseTM