Tesco Bank has partnered with MasterCard to enhance mobile and digital payments at the retailer to make it easier for Tesco customers to pay.
The partnership will identify and provide new safe and secure digital payments solutions for customers when shopping in-store, online and on mobile devices.
Tesco Bank digital wallet and group payments strategy director Mark Loch said: "We want to make shopping at Tesco as simple and easy as possible, whether that’s in store, online or on your mobile device.
"This agreement with MasterCard will allow us to utilise the expertise of both organisations to ensure paying at Tesco couldn’t be easier."
MasterCard president of UK & Ireland Mark Barnett said: "Tesco has recognised how important mobile and digital payments are for customers.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData"As today’s shopper’s shift between online, mobile and in-store transactions depending on the circumstances, this partnership will strengthen Tesco’s payment offerings with new safe, secure and convenient solutions for customers."