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MasterCard’s Innovation Hub Highlights Cashless Payment Technologies

MasterCard recently opened a technology hub in New York housing the teams behind MasterPass Digital Wallet, Digital Enablement System and Start Path, an accelerator program for fintech startups. The hub has been set up to highlight MasterCard’s innovations like the tokenization service that is securing Apple Pay transactions. An Apple Pay NFC payment demonstration at the launch of hub was a major highlight.

Other demonstrations include payments using a Pebble smartwatch. Another one was about a new integration with laundry ...

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