BARCELONA – February 28, 2017 – Mastercard today announced a new business relationship with VEON, to bring Masterpass to their new VEON platform.
As an international communications and technology company offering voice, fixed broadband, data and digital services to more than 235 million customers in 12 markets, VEON plans to offer its subscribers the ability to manage their accounts, top-up their data, as well as buying content, products and services through partner retailers and services.
By integrating Masterpass, users of the VEON platform may benefit from fast, secure one-click payments to buy mobile airtime or make e-commerce purchases. Masterpass stores all payment information, including card details from Mastercard and other payment networks, in one convenient, secure place.
To complete a transaction, VEON users would simply need to tap the integrated Masterpass button within the platform.
AJ Hanna, Chief Mobile Financial Services Officer, VEON said: “VEON is our new personal internet platform integrating communication, messaging and everything the internet has to offer. It will use powerful data analytics and artificial intelligence to provide users with relevant information, offers and services at exactly the right time and finally put the user in control. Buying things on the internet must be easy and seamless otherwise money gets left on the table. That is why this partnership with Mastercard is so important. VEON users will be able to discover, shop, and consume on VEON with one click through Masterpass.”