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How Mastercard Wallet Services unlocks digital wallet innovation
Evidence tier: A1 Evidence type: Auto-discovered official publication Source: Mastercard Newsroom Official publication date: 2026-07-15 Captured: 2026-07-17T13:20:08.343Z
Change is coming to the world of digital wallets.
While these wallets went mainstream years ago, Apple's decision to open device access in more markets is now creating more room for mobile payment choice and innovation.
But this spark of innovation needs help to take hold. Because even as the category has matured, building a digital wallet is still incredibly technically complex.
To help banks, fintechs, merchants and digital platforms take advantage of this more open mobile payments ecosystem, Mastercard today is introducing Mastercard Wallet Services, a set of software tools and services that simplifies the creation of wallet capabilities on both iOS and Android, allowing more companies to quickly add secure, trusted contactless payments into their apps.
New digital wallets could provide more choice for consumers, as companies all over the world will be able to offer new benefits, rewards, discounts, points or features to encourage users to start using their wallets. Those players could also benefit by building stronger connections and engagement with their user bases.
Our teams are already working with several partner banks that are developing new digital wallet features using Mastercard Wallet Services. Consumers may start seeing these new capabilities roll out in select markets by the end of this year.
Mastercard