payFURL partners with Mastercard to launch comprehensive suite of innovative payment solutions
payFURL, Australia’s leading payments orchestration platform, has partnered with Mastercard to support the roll-out of three cutting-edge, innovative payment solutions: Mastercard Click to Pay, Mastercard Secure Card on File and Mastercard Payment Passkeys Service.
payFURL is among the first platforms globally to offer all three solutions, providing businesses with enhanced security, flexibility, and seamless transaction experiences.
The partnership between payFURL and Mastercard delivers a comprehensive suite of advanced payment solutions designed to streamline the checkout process, improve payment security, and offer customers a more personalised payment journey. These innovations will help businesses reduce friction, protect against fraud, and drive conversion rates.
Surin Fernando, Senior Vice President, Customer Solutions Centre, Australasia, at Mastercard, said, “Mastercard is thrilled to have payFURL as a key partner in advancing towards authenticated token payments globally. By leveraging Mastercard payment passkey technology, payFURL is the first in Australia to advance on this new technology, driving safer and faster payments online. This collaboration aims to bring this technology to Australian retailers, marketplaces, and platforms, unlocking new protections including liability shift. This technology continues to protect businesses and safeguards them from potential losses.”
In leveraging all three solutions, payFURL has become the first payment orchestrator to go live with the full core suite of Mastercard Digital Payment solutions in Australia. Merchants are already live and benefitting from fully authenticated tokens, which unlocks new protections for business owners such as Liability Shift, safeguarding them against potential losses from fraudulent transactions in their shopfronts.
Brett Watson, CEO of payFURL, expressed his pride in the collaboration, stating, “It’s been a pleasure working closely with Mastercard to bring these advanced payment solutions to life. We’re proud to be one of the first platforms to offer Click to Pay, Secure Card on File, and Token Authentication Service. These new features will provide our clients with the latest in payment security and convenience, and we’re excited to see the impact they will have.”
With this partnership, payFURL continues to demonstrate its commitment to driving innovation in payments, providing businesses with the tools they need to enhance the customer experience and meet the evolving demands of digital commerce.