MasterCard wants to link with your smartphone location data to prevent fraud when traveling

If you have ever traveled internationally, it is possible you encountered that frustrating moment when your credit card got declined while trying to buy a load of souvenirs. Generally, notifying your bank of your travel plans avoids such problems, but not always.



MasterCard has developed an opt-in program that ties in with your location to enable a hassle free purchase experience. If you are traveling (or not), and you use your card, and you have your smartphone with you, MasterCard will use that proximity as part of the fraud prevention measure.



The benefit is that you do not have ...