Everything Everywhere sign five-year NFC deal with MasterCard

Deal will make mobile payment technology available to 27 million Orange and T-Mobile customers.

Mobile wallet

Everything Everywhere has signed a five-year deal with MasterCard to allow mobile payments to be made using near field communication (NFC) technology.

The contactless technology will be the first service to be made available to customers through the partnership.

The two firms said they plan to expand the scope of the deal into other areas, including person-to-person money transfers, loyalty rewards and digital payment services.

The arrangement will also see the two collaborate on developing services for small businesses to take payments using mobile devices.

The companies have been working together for three years on Orange's Quick Tap service, the first commercially available NFC-enabled payments service in the UK, and the Orange Cash prepaid card.

Gerry McQuade, chief marketing officer of Everything Everywhere, said working with MasterCard was an important step in making mobile payments more widely available.

"By moving our existing co-branded card offers onto mobile devices, we are closer to a world where our customers will be able to use their phone to pay for travel, pay for small purchases and take advantage of loyalty rewards from their favourite retail outlets," he said.

Marion King, president of MasterCard UK and Ireland, said the company's "vision" is of a world beyond cash, where consumers and small businesses can benefit from simple payments using smart technology.

"The partnership we are announcing today builds on our strong heritage in the mobile payments space and ensures that MasterCard remains the partner of choice for leading businesses in the UK," she said.

"As the use of cash continues to decline, we will be able to provide Everything Everywhere's 27 million customers with an attractive range of new payment services backed by the processing power and security of MasterCard," added King.

Featured Resources

Defeating ransomware with unified security from WatchGuard

How SMBs can defend against the onslaught of ransomware attacks

Free download

The IT expert’s guide to AI and content management

How artificial intelligence and machine learning could be critical to your business

Free download

The path to CX excellence

Four stages to thrive in the experience economy

Free download

Becoming an experience-based business

Your blueprint for a strong digital foundation

Free download


The best 4G network

The best 4G network

28 Sep 2020

Most Popular

What are the pros and cons of AI?
machine learning

What are the pros and cons of AI?

8 Sep 2021
BT conducts 'world's first' trial of quantum-secure communications
Network & Internet

BT conducts 'world's first' trial of quantum-secure communications

13 Sep 2021
Google takes down map showing homes of 111,000 Guntrader customers
data breaches

Google takes down map showing homes of 111,000 Guntrader customers

2 Sep 2021