The system, known as MasterPass, stores customers’ banking and personal information in a “secure cloud” online where it is available for the moment of payment whether in a store on when browsing the Internet,
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Watch2Pay devices include prepaid MasterCard PayPass technology to let consumers pay for purchases with a swipe of their watch anywhere PayPass is accepted.
WT news feed
Driving another stake in the heart of online anonymity, credit card companies want to tie your offline shopping history to your online life. How? By taking what they know about you, personal insight gleaned from your offline credit card purchases, and selling it to the highest bidder, so they can stalk you on the web and throw targeted online ads at you.
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