Bank of the West has partnered with MasterCard to offer its customers an enhanced online and mobile shopping experience with Masterpass by MasterCard.
Under the terms of the agreement, MasterCard’s digital wallet service will be available for Bank of the West’s customers later this year.
Go deeper with GlobalData
Masterpass will help simplify the checkout experience across a range of retailers from purchasing a train ticket, to splitting the check and paying right at a restaurant table, to buying groceries with the tap of a phone.
Using Masterpass, customers will be able to check-out of their online or in-app shopping site by clicking the Masterpass button and verifying to complete the transaction.
To complete a payment transaction for in-store purchase, customers will simply require touching the ‘tap to pay’ reader at contactless-enabled merchants.
Bank of the West executive vice president of consumer banking product and payment solutions Paul Appleton said: “We are entering an exciting time for our customers with respect to payment solutions.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData“The forthcoming mobile wallet rollout is an example of our deliberate approach in developing digital payment experiences that will allow our customers to make shopping easier and to make purchases in the way they choose."
