MasterCard Pushing NFC Mobile Program

MasterCard's PayPass is ramping up its mobile program with an over-the-air provisioning service to supposedly make it easier for consumers to personalize their payment data on their mobile devices.

As long as a consumer has a phone using Near Field Communications (NFC), MasterCard says the program should work. "First, the PayPass application is securely transferred onto a secure area of the consumer's mobile phone via the mobile network. Next, the PayPass application is personalized with the consumer's individual payment account details," a MasterCard statement said.