Credit in the cloud - MoneySense

Credit in the cloud

MasterCard is providing a digital wallet that stores up to 25 cards for easier online shopping.

  • MasterCard holders in Canada can now use MasterPass when shopping online. The service allows card holders to store their billing and credit card information in the cloud eliminating the need to manually enter data fields when checking out at select online retailers including Grocery Gateway, Porter Airlines and WagJag with more to come. When shopping at these sites, consumers will be given the option to pay via MasterPass before being prompted for a password only. The digital wallet is open so it can also store up to 25 pre-registered cards (excluding Interac debit cards) and up 25 different shipping addresses. MasterCard says the cloud is secure though users should always consider the implications of storing personal data on servers before signing up.
  • Don’t have an offshore account and feel like you’re missing out on tax savings? For the most part, legal offshore accounts in places like the Cook Islands aren’t worth the hassle, says Canadian Business Editor Duncan Hood. For easier ways to keep more of your hard earned money, check out our Tax Centre.
  • New house prices rose 0.2% in February, Statistics Canada said Thursday.