Software Alternatives, Accelerators & Startups

eWay VS MasterPass

Compare eWay VS MasterPass and see what are their differences

eWay logo eWay

eWAY is a global online payment gateway that processes credit card payments.

MasterPass logo MasterPass

MasterPass is a secure digital wallet.
  • eWay Landing page
    Landing page //
    2022-10-20
  • MasterPass Landing page
    Landing page //
    2023-04-28

eWay features and specs

  • Comprehensive Payment Solutions
    eWay offers a wide range of payment solutions suitable for various business needs, including online payments, mobile payments, and global payment acceptance.
  • Integration Capabilities
    eWay can be easily integrated with numerous shopping carts and accounting software, facilitating seamless operations for businesses.
  • High Security Standards
    Utilizing advanced fraud prevention tools and PCI DSS compliance, eWay ensures a secure transaction process, safeguarding sensitive customer information.
  • 24/7 Customer Support
    eWay provides round-the-clock customer service, ensuring businesses can resolve issues and receive assistance whenever needed.
  • Customizable Payment Solutions
    eWay allows businesses to customize their payment solutions to fit their particular needs, offering flexibility and scalability.

Possible disadvantages of eWay

  • Transaction Fees
    eWay charges transaction fees, which can add up for businesses with a high volume of transactions or small-margin products, potentially affecting profitability.
  • Complex Setup Process
    Some users report that the initial setup of eWay can be complex and time-consuming, particularly for those without technical expertise.
  • Limited Currency Support
    While eWay is suitable for international transactions, its support for multiple currencies is limited compared to some other global payment processors.
  • Geographical Restrictions
    eWay primarily focuses on the Australian and New Zealand markets, which might limit its suitability for businesses looking to expand globally.

MasterPass features and specs

  • Convenience
    MasterPass allows users to store payment and shipping information in one place, making the checkout process faster and easier across multiple online retailers.
  • Security
    The platform uses advanced security measures, including tokenization and encryption, to protect users' payment information during transactions.
  • Wide Acceptance
    Being a MasterCard service, MasterPass is widely accepted by numerous online merchants, providing users with extensive usability.
  • Integration with Various Devices
    MasterPass can be accessed through multiple devices, including smartphones, tablets, and computers, providing flexibility and ease of access.
  • Loyalty and Rewards
    Users can often link and utilize their loyalty and rewards programs directly during checkout, enhancing the shopping experience and maximizing benefits.

Possible disadvantages of MasterPass

  • Merchant Participation
    Despite its wide acceptance, not all merchants support MasterPass, which can limit its use for customers who frequently shop at non-participating retailers.
  • Dependency on Internet
    MasterPass transactions require a stable internet connection, which can be a drawback in areas with poor connectivity or during network outages.
  • Limited to Mastercard Users
    MasterPass primarily supports MasterCard users, which can exclude individuals who prefer or only have cards from other networks like Visa or American Express.
  • Setup and Familiarization
    New users may find the initial setup process and familiarization with the MasterPass interface time-consuming or confusing, particularly those not tech-savvy.
  • Privacy Concerns
    Storing personal and payment information on any online platform comes with inherent privacy risks, creating hesitation among potential users concerned about data breaches.

Analysis of MasterPass

Overall verdict

  • MasterPass was a digital wallet service by Mastercard that has been discontinued and merged into other payment solutions, so it is no longer available or relevant for current use.

Why this product is good

  • MasterPass was retired by Mastercard around 2019, with services transitioned to other platforms like Masterpass merchants moving to alternatives such as Click to Pay
  • It is no longer supported, meaning no updates, customer service, or functionality for new or existing users
  • Users seeking a Mastercard-backed digital wallet should look into 'Click to Pay' which replaced MasterPass with EMV-standard checkout
  • Legacy MasterPass integrations on merchant websites may cause errors or security risks if not updated

Recommended for

  • No one, as this specific service is discontinued
  • Merchants or developers should migrate to Click to Pay or other supported payment gateways
  • Users should switch to current digital wallets like Apple Pay, Google Pay, or Click to Pay for secure online transactions

eWay videos

Putting Royale Honey In A Backwood!!!| Hotbox Session W Eway

More videos:

MasterPass videos

MasterPass de MasterCard review en espaรฑol

More videos:

  • Review - Masterpass by Mastercard
  • Review - Masterpass Security Features

Category Popularity

0-100% (relative to eWay and MasterPass)
Business & Commerce
100 100%
0% 0
Online Payments
0 0%
100% 100
Finance
80 80%
20% 20
Payment Platform
0 0%
100% 100

User comments

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What are some alternatives?

When comparing eWay and MasterPass, you can also consider the following products

B2Bpay - B2Bpay is an online banking services platform that allows you to collect payments across the globe and helps you to pay the suppliers easily.

Google Wallet - The Google Wallet mobile app makes your phone your wallet.

X-Payments - X-Payments is an online payment platform that allows you to offer easy and hustle-free checkout options for your customers and it is based on a certification of PCI level 1.

Due - The Superfast Reminder App for Mac

Neteller - Neteller is an e-money/e-wallet stored-value service owned and operated by publicly traded British...

SecurePay - SecurePay is an online payment service platform that offers you a secure option to conduct online payment payments and allows you to collect payments from your clients or customers across the globe.