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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Partnerships»Mastercard and Xsolla Partner on Video Game Payment
    MASTERCARD AND XSOLLA PARTNER ON VIDEO GAME PAYMENT

    Mastercard and Xsolla Partner on Video Game Payment

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    By Oluwasegun Olukotun on February 9, 2023 Partnerships, Payments, Video Games

    Mastercard and global video game commerce company Xsolla have collaborated on frictionless, secure, and rewarding payments for gamers from enhanced checkout experiences using credit card loyalty points to simple in-game currency gifting to improved creator payout processes and more.

    The partnership will combine Mastercard’s technology, network-level expertise, global scale, and trusted connections with Xsolla’s platform to create customizable and more accessible payment experiences for players, developers, and creators.

    Mastercard and Xsolla will work together to enable innovative card and account-based solutions and services to improve digital experiences in payments and beyond for gamers. To kickstart this game-changing partnership, for the first time, Mastercard cardholders will be able to use Pay with Points to seamlessly redeem their loyalty points for in-game purchases — this solution will be integrated into Xsolla’s Pay Station product. Players will also have the opportunity to gift in-game currency to friends and family. The companies are partnering to solve challenges in the gaming industry and prioritize consumer protections, including using Mastercard’s authentication and fraud detection capabilities to give parents control before their child makes in-game purchases.

    “Mastercard has been a strong supporter of the gaming community for many years — we look forward to further enabling cardholders to tap into their passions through this new partnership with Xsolla and shape the future of commerce in gaming,” said Blake Rosenthal, Executive Vice President, Fintech Solutions at Mastercard. “As mobile devices increase the accessibility of video games, a rewarding, best-in-class digital experience is essential to fostering a loyal gaming community and building a payments ecosystem that provides choice across 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. “By combining Xsolla’s Payments Solution with Mastercard’s loyalty capabilities, cyber solutions and card and account-based payments technology, we can create new avenues for revenue creation and increased lifetime value for developers. We are excited to take this giant step forward in creating a better and more inclusive gaming experience for everyone.”

    Players will have the option to redeem loyalty points from Mastercard’s participating partners for in-game purchases later this year.

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    Mastercard Payments Video game Xsolla
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    Oluwasegun Olukotun

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