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Wireless

MasterCards card tokenization reaches main street

Friday 6 March 2015 | 14:49 CET | Author: Bart Garvelink | Background
Apple Pay and Samsung Pay run on the same technology, MasterCard Digital Enablement Service (MDES). The card network says it will bring secure mobile payments to a wider audience, shifting the technology away from Secure Element-based services to other platforms. Tokenization of card credentials will bring an added layer of security. Both Apple and Samsung have announced that their respective payment services will be extended from the US into other markets, including Europe. While MDES launched in the U.S. in 2014, it will expand more broadly to other major markets during the course of 2015.

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Categories: Mobile & Wireless
Companies: Apple / MasterCard / Samsung / Visa / VodafoneZiggo
Countries: World
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