Mastercard launches Samsung Pay Cash

Mastercard has partnered Samsung and Netspend, a manager of prepaid and debit card programs, to launch Samsung Pay Cash. Samsung Pay Cash is powered by a new virtual prepaid Mastercard and secured by Mastercard tokenization service, which lets consumers store and use their cards without exposing their 16-digit card number. It’s the same service that... Continue Reading →

RBL Bank cardholders to use Samsung Pay for contactless payments

Mastercard, RBL Bank, and Samsung India have announced the launch of Samsung Pay for RBL Bank’s credit cardholders. The partnership will allow RBL Bank Mastercard credit cardholders to make contactless mobile payments using Samsung Pay-enabled phones. These payments can be made via any POS machine where a card can be dipped, swiped or tapped, both in India and... Continue Reading →

Mastercard to buy shares in Jumia

Mastercard has allegedly shared its plan to become a shareholder in Jumia to support the digital transformation in Africa, according to Punch Nigeria. The investment is subject to certain conditions, which are not stated yet. The two companies first partnered in 2016 with the launch of Mastercard Payment Gateway Solutions in several markets and launch of JumiaPay, the... Continue Reading →

Lazada, Mastercard collaborate to support ecommerce growth in Southeast Asia

Lazada, an online commerce platform from Southeast Asia (SEA), and Mastercard have announced a five-year partnership to support the ecommerce ecosystem in SEA. This comes as Lazada is committed to delivering streamlined ecommerce offerings that serve the needs of the region’s brands and sellers. In addition, this partnership enables Mastercard to reach new audiences with Lazada’s wide... Continue Reading →

Instagram to add shopping feature for US shoppers

Instagram has started to trial a feature that lets US users shop from the app by using a checkout option on items tagged for sale, according to Reuters. So far, Instagram has partnered with over 20 brands including adidas, H&M, Kylie Cosmetics, and Michael Kors on the shopping feature. The feature will allow US users to... Continue Reading →

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