MasterCard
and Samsung
Electronics Co., Ltd today announced they are extending their global
partnership leveraging the MasterCard Digital Enablement Service (MDES)
to deliver Samsung Pay in Europe. Samsung Pay is a mobile payment
service that will enable consumers to use their Samsung flagship mobile
devices to make every day in-store purchases at contactless and magnetic
stripe terminals leveraging NFC and MST technologies.
European card issuers will be able to connect to the MDES platform and
activate the Samsung Pay service upon launch. Cardholders can activate
their credit, debit, reloadable prepaid and small business cards from
participating issuers in the Samsung Pay service and use their mobile
devices to make everyday
See full press release
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