Bank of America has sent out an e-mail to cardholders with a card enrolled with Masterpass informing them that Masterpass will no longer be supported as of October 15th, 2019. This follows on from Citi Pay discontinuing Masterpass access at the end of August.
To the people who say this isn’t related, this actually is. MasterCard, Visa, Amex are all trying to settle on a single check out process.
As an ex-BofA card holder, I got the notice, too – I also noticed that Capital One has walked away from having anything Masterpass-related on their site (used to be a big button under one of the screens).
First ShopSafe, and then this. What does this all mean?
I don’t think these are related.
ShopSafe was probably discontinued due to the Flash dependency, and all major browsers killing Flash.
This is being discontinued due to Visa and MC combining their virtual wallet technologies. I’m quite sure BofA will move to the new platform when it is available.
Actually it is related imo. Virtual numbers are no longer required because this new service will use tokenization across Visa, MC and AX checkouts. Maybe also Discover and international card networks. The tech is developed by the same company that developed the card chips.