Home Wealth  Money Intel, MasterCard Join Forces

Intel, MasterCard Join Forces

Posted: Nov. 15th, 2011  |  By Forbes

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Intel and MasterCard have formed a partnership to enhance the security and consumer payment experience of online shopping.

The multi-year collaboration will combine MasterCard (nyse: MA - news - people )'s expertise in payment processing and commerce with Intel (nasdaq: INTC - news - people )'s strengths in silicon innovation and chip-based security, the companies said.

The companies are working together to optimize emerging payments technologies like MasterCard's PayPass and Intel's Identity Protection Technology.

MasterCard noted the collaboration with Intel will result in enhanced security and faster checkout, with the convenience of a simple click or tap.

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