Samsung, Partners to Enhance Digital Wallet
Samsung Electronics and Mastercard have partnered to enhance digital wallet services for banks and card issuers. The Wallet Express program aims to streamline and enhance these services, allowing issuers to integrate Samsung Wallet into their services. This will provide consumers with a variety of payment options, including the ability to make payments using Samsung’s wearable devices like the Galaxy Watch.
The program aims to simplify the process for issuers to enable Samsung Pay, positioning Samsung Wallet as one of the largest digital wallet platforms. Mastercard will facilitate participation for eligible Mastercard Digital Enablement Service (MDES) wallets launched in respective countries, without requiring separate wallet onboarding projects.
(With inputs from Shikha Singh)
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