Tencent MIDAS and Mastercard Launch Global Collaboration to Transform Digital Commerce
Seamless, Secure Payments for the Entertainment Ecosystem
Tencent MIDAS, Tencent’s international payment solution, serves the unique needs of digital entertainment businesses and their users. Through this collaboration, Mastercard’s payment security—including tokenization and biometric authentication—will be deployed across the Tencent MIDAS ecosystem. The result: frictionless checkouts, stronger protection against fraud, and a more reliable experience for entertainment developers and publishers globally.
Gang Li, Executive of Tencent MIDAS, said: “This collaboration marks a major step in building a new generation of the global commerce ecosystem. By combining Tencent’s consumer insights with Mastercard’s security expertise, we are setting new standards for digital payments and supporting sustainable growth in the global digital economy.”
Faster Checkouts with Stronger Security
Mastercard’s tokenization technology replaces passwords and card numbers with secure tokens and on-device biometrics, while Click to Pay reduces friction and builds trust across every device and platform. Together, the companies aim to deliver faster, more reliable checkouts and increased satisfaction within Tencent MIDAS’s ecosystem.
Over the years, Mastercard and Tencent MIDAS have worked together on fraud management, consulting services, and marketing promotions. Building on this foundation, both parties will further pioneer intelligent commerce by integrating AI expertise with their global digital infrastructure.
Advancing the Industry Through Tokenization
This collaboration supports Mastercard’s ambition to eliminate manual card entry and static passwords across Asia Pacific by 2030. By championing secure tokenization and biometric authentication, Mastercard and Tencent MIDAS are helping to make online shopping across the region entirely password-free and number-free, setting a new standard for secure, frictionless digital commerce.
Sandeep Malhotra, Executive Vice President, Core Payments, Asia Pacific, Mastercard, noted: “By bringing Mastercard’s tokenization and Click to Pay technologies to Tencent MIDAS’s global platform, users worldwide will benefit from faster, safer, and more seamless checkouts. This collaboration sets a new benchmark for digital commerce in one of the world’s most dynamic industries.”
Dennis Chang, Executive Vice President and Division President, Greater China, Mastercard, said: “Mastercard leverages its global network, technologies, and local market expertise to support organizations such as Tencent MIDAS as they navigate new environments. This approach helps address both external market dynamics and internal business needs, ultimately enabling the creation of tailored, flexible strategies that provide support at every stage of their journey.”