Masterpass is a digital payments service created by MasterCard. But, MasterCard went through a few changes before the company chose its now globally recognized name.
It first started in 1966 as the Interbank Card Association (ICA). Then, after HSBC Bank USA and First National City Bank joined forces with ICA, they chose the name Master Charge. The group settled on MasterCard in 1979, and the name became associated with the international financial giant it is today.
In 2013, MasterCard launched its digital service, Masterpass by MasterCard. But in mid-2020, the digital service's name changed to Click to Pay.
The company has an Operations Center in St. Louis, Missouri, and Global Headquarters in New York City. However, its operations aren't limited to the United States.
Masterpass supports its global reach with Regional Headquarters in Dubai, Singapore, Belgium, and Miami and offers secure payments in 24 countries worldwide.
Today, Click to Pay, previously Masterpass, provides digital payment methods, including mobile payments and digital wallets, for convenient and reliable contactless payments.
The Masterpass app allows users to shop online and make online deposits without a bank card. Its secure technology stores payment and shipping information, so Masterpass/Click To Pay users can pay online quickly and safely.