{"id":588322,"date":"2026-07-16T08:28:15","date_gmt":"2026-07-16T08:28:15","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/588322\/"},"modified":"2026-07-16T08:28:15","modified_gmt":"2026-07-16T08:28:15","slug":"mastercard-launches-tools-for-banks-to-build-digital-wallets-in-existing-apps","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/588322\/","title":{"rendered":"Mastercard Launches Tools for Banks to Build Digital Wallets in Existing Apps"},"content":{"rendered":"<p>Free Newsletter<\/p>\n<p>Get the hottest Fintech Singapore News once a month in your Inbox<\/p>\n<p><a href=\"https:\/\/fintechnews.sg\/tag\/Mastercard\/\" target=\"_blank\" rel=\"noopener nofollow\">Mastercard<\/a> has launched wallet-building tools that let banks and fintechs add contactless payments to their apps.<\/p>\n<p>The Mastercard Wallet Services supports iOS and Android, allowing companies to build payment features across both operating systems without managing separate integrations or EMVCo certifications.<\/p>\n<p>The service includes software development kits and a Secure Element applet. It works with Mastercard Digital Enablement Service, the company\u2019s tokenisation platform.<\/p>\n<p>Apple\u2019s NFC Shift Opens More Wallet Options<\/p>\n<p>The launch follows Apple\u2019s move to expand third-party access to the iPhone\u2019s near-field communication technology in more markets.<\/p>\n<p><a href=\"https:\/\/bit.ly\/4pjp71e\" target=\"_blank\" rel=\"nofollow noopener\"><img decoding=\"async\" border=\"0\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/07\/1784190495_719_0907-Temenos-Webinar-5-450x375.webp\" alt=\"\" loading=\"lazy\" role=\"presentation\" aria-hidden=\"true\" data-nosnippet=\"\" data-pin-nopin=\"true\" width=\"450\" height=\"375\"\/><\/a><\/p>\n<p>Android has long supported multiple contactless wallets, while limited access to Apple\u2019s payment hardware made it harder for developers to offer similar services across both platforms.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-thumbnail wp-image-127289\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/07\/Pablo-Fourez-150x150.jpg\" alt=\"Pablo Fourez\" width=\"150\" height=\"150\"  \/>Pablo Fourez<\/p>\n<p>Pablo Fourez, Chief Digital Officer at Mastercard, said,<\/p>\n<blockquote>\n<p>\u201cWhile consumer adoption of alternative wallets will take time, expanded platform access gives banks and fintechs new opportunities to innovate .<\/p>\n<p>Ultimately, consumers could be the biggest winners of these changes, gaining access to a broader range of digital wallet experiences, rewards, value-added services and payment options offered through the apps they already use every day.\u201d<\/p>\n<\/blockquote>\n<p>Mastercard is working with several partner banks to develop new digital wallet features using the service.<\/p>\n<p>Some are expected to launch in selected markets by the end of 2026.<\/p>\n<p>Banks, fintechs and digital platforms could use the tools to offer contactless payments alongside rewards, discounts, loyalty points and other services within their existing apps.<\/p>\n<p>Mastercard Wallet Services is available in more than 200 countries and territories where Mastercard Digital Enablement Service operates.<\/p>\n<p>Its iOS capabilities are being introduced in markets where Apple has enabled third-party NFC access, including the United States, the United Kingdom and Europe.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Featured image: Edited by Fintech News Singapore, based on image by <a href=\"https:\/\/www.magnific.com\/premium-photo\/blur-background-contemporary-office-space-with-city-view-sunlight-spate_255102597.htm\" target=\"_blank\" rel=\"noopener nofollow\">Frolopiaton Palm<\/a> via Magnific<\/p>\n","protected":false},"excerpt":{"rendered":"Free Newsletter Get the hottest Fintech Singapore News once a month in your Inbox Mastercard has launched wallet-building&hellip;\n","protected":false},"author":2,"featured_media":588323,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[257],"tags":[18,19,17,19631,279,82],"class_list":["post-588322","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mobile","tag-eire","tag-ie","tag-ireland","tag-mastercard","tag-mobile","tag-technology"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116928716707913487","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/588322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=588322"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/588322\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/588323"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=588322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=588322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=588322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}