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Citibank India and MasterCard have launched Citi MasterPass, the first global digital wallet in India.
Citibank debit and credit card customers will be the first in India to be able to shop at more than 250,000 e-commerce merchants globally using MasterPass, MasterCard's online payment option.
Citi MasterPass stores Citibank customers' card and shipping information all in one place with MasterCard. By selecting "Buy with MasterPass" as the payment option at checkout, customers eliminate the need to fill in details repeatedly across online merchants.
This purportedly reduces the...