Telenor is first MNO to launch a MasterPass enabled wallet

telenor_masterpassTelenor, the second largest mobile network operator in Hungary has introduced a new feature for its Telenor Wallet application (available free of charge for Android and IOS users) by now supporting MasterPass, the MasterCard digital payment solution that allows customers to buy the things they want quickly, simply and easily. 

The introduction of the new feature is unique within the Telenor Wallet (by Telenor Hungary) by it being the first MNO integrated MasterPass functionality into an MNO branded mobile wallet. The Telenor Wallet is a free application which can be used not only by the clients of Telenor, but customers of any other mobile service provider.

“We are pleased to announce that Telenor is the first mobile network operator in the world to launch a MasterPass enabled wallet. A recent study reveals that at the end of last year the number of online shoppers was more than 2,3 million in Hungary, which represents 41% of those who use internet on a daily basis. The Wallet application has been downloaded on over 250,000 smartphones, which makes it the most popular mobile wallet in Hungary” said Aleksandra Banovic, Chief Digital Service Officer at Telenor.

In Hungary, Telenor Wallet is available for cardholders of any domestic bank, and the registration is possible with any bank cards with a major brand. Hungarian cardholders can now benefit from a smooth payment experience at over 150 local online merchants, but also, they can shop on the web globally, in 29 countries worldwide, including 15 European countries at over 250.000 webshops.

“We’re in the midst of a global transformation as people are moving from the offline and disconnected world. This is the digital story of our time: everyone and everything is becoming connected. And this connectivity is transforming the way consumers interact and now transact. We are very proud that Telenor, who is a pioneer in this field, has decided to expand its services with MasterPass,  a unique solution that will make shopping even more secure, easier and faster for its customers.” commented Endre Eölyüs, Country Manager for Hungary and Slovenia at MasterCard.

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Categories: Mobile Wallet

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