Sydney, Singapore and Hong Kong to be part of global MasterCard hackathon in 2015

MasterCard has announced the MasterCard Masters of Code competition. The 10-city hackathon series will span Sydney to Silicon Valley to find the best developers, the company said.

Sponsored and hosted by MasterCard and organised by AngelHack, the Masters of Code competition features regional weekend-long events that will bring together the world’s top developers, designers and entrepreneurs to take on the APIs supplied by MasterCard. 

Using these APIs, developers will have access to unsurpassed assets, data and products from MasterCard focused on powering commerce on a global scale. The participating teams will compete to create innovative prototypes that demonstrate artful coding and design skills while also articulating clear business use cases, ultimately driving the next generation of commerce applications.

The winning team from each region will be flown to Silicon Valley to compete in the grand finale. There, a MasterCard Masters of Code champion will receive US$100,000 to develop their innovation, in addition to the following prizes*: 

• Two weeks on-site at the MasterCard Start Path accelerator location in Dublin, Ireland, or an alternate remote programme; 
• Six months of mentoring from a member of the MasterCard Open API executive team and the Start Path programme team; and, 
• Free payment processing for up to US$250,000 in transactions for the first 12 months using Simplify Commerce. 

The 2015 MasterCard Masters of Code competition kicks off with its first event in Sydney, Australia on February 7-8, followed by events in Hong Kong (March 18-19) and Singapore (March 25-26). 

“We encourage developers from around the world to participate in our Masters of Code competition and use the power of MasterCard through our APIs to create the next generation of commerce applications globally,” said Mario Shiliashki, Senior Vice President of Open APIs, MasterCard. “MasterCard is the world’s most advanced payments network, and the MasterCard Developer Zone is the bridge to it for developers. We are opening up our technology to the world for a simple reason – to enable any developer to utilise our products and platforms to build the next big thing.”

* For more information about the MasterCard Masters of Code competition including rules, judging criteria, prizes, etc., please visit www.MastersofCode.org.