Perkins Coie Partner Dax Hansen was quoted this week in an article published by Internet Retailer, "Changing Their Stripes." The article discusses initiatives recently launched by Visa and MasterCard Worldwide in response to an increase in e-commerce and the rise of online competitors like PayPal and Facebook Credits.
One example is MasterCard's Open APIs, which according to the article "is designed to make it easier for mobile and web developers to integrate MasterCard payments into their applications." The author quoted Hansen as saying this "appears aimed at developers looking for ways to sell games, music and other digital content to mobile consumers."
"Developers are looking for flexible, easy solutions that don't require customers to input their card numbers," Hansen says.