MasterCard has posted a brief interview with Ed McLaughlin, the company’s Chief Emerging Payments Officer, concerning Isis, mobile payments, and the future of MasterCard in the field.
MasterCard, which joined the ISISI platform in July along with Visa and AmEx, says its mobile strategy hinges on the interests of the consumer. Indeed, McLaughlin justifies the company’s initiative with research showing that 60% of 18–34 year olds want to pay using their phone.
McLaughlin goes on to suggest a bright future for MasterCard in mobile commerce, calling 2011 the launch point for a whole new “wave of innovation” going beyond mobile payments and into coupons, rewards, savings and information.
MasterCard has been all over the map with mobile payments in the latter half of the year, notably as launch partners with Google Wallet in the U.S. and with Orange for the U.K.’s “Quick Tap” service.