Mastercard and Xsolla, a global company specialising in video game commerce, have formed a partnership to facilitate payments that are hassle-free, safe, and rewarding for gamers.
These improvements range from enhanced checkout experiences that make use of credit card loyalty points to simple in-game currency gifting, as well as improved creator payout processes and other areas.
Through this partnership, Xsolla’s platform will be combined with the technology, network-level expertise, global scale, and trusted connections of Mastercard. The end result will be payment experiences that are more accessible and fully customizable for players, developers, and creators.
Mastercard and Xsolla have agreed to collaborate on the development of innovative card and account-based solutions and services for the purpose of enhancing digital experiences for gamers in the realm of payments and beyond.
Pay with Points is a solution that will be integrated into Xsolla’s Pay Station product, and it will be available to Mastercard cardholders for the very first time.
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This will allow cardholders to redeem their loyalty points for in-game purchases in a seamless manner, which will serve to launch this game-changing partnership. Additionally, players will have the ability to share an in-game currency with their close friends and family members. They also have the goal of resolving challenges faced by the gaming industry and placing a higher priority on protecting consumers. As part of this effort, the companies will use the authentication and fraud detection capabilities offered by Mastercard to provide parents with more control before their children make purchases with video games.
Details Mastercard and Xsolla Partnership
Blake Rosenthal, Executive Vice President of Fintech Solutions at Mastercard, stated that the company is looking forward to further enabling cardholders to tap into their passions through this new partnership with Xsolla which is shaping the future of commerce in gaming. “Mastercard has been a strong supporter of the gaming community for many years,” Rosenthal said. “We look forward to further enabling cardholders to tap into their passions through this new partnership with Xsolla.” “As mobile devices make video games more accessible, it is necessary to create a gratifying, best-in-class digital experience in order to cultivate a dedicated gaming community and build a payments ecosystem that offers choice across a variety of platforms and dimensions.”
“The partnership with Mastercard is a testament to our commitment to continuously innovate for the benefit of developers and all players around the world,” said Berkley Egenes, Chief Marketing Officer at Xsolla. “The partnership with Mastercard is a testament to our commitment to continuously innovate for the benefit of developers and all players around the world.”
“We are able to establish new channels for revenue creation and enhanced lifetime value for developers by combining Xsolla’s Payments Solution with Mastercard’s loyalty capabilities, security solutions, and card and account-based payments technology. Xsolla’s Payments Solution was developed by Xsolla. We are thrilled to make such a significant advance toward our goal of providing a superior and more welcoming gaming environment for all of our customers.
Later on in this year, players will have the opportunity to use loyalty points earned from participating Mastercard partners to pay for in-game purchases when making purchases.
