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Commonwealth Bank Of Australia Customers With A Samsung Galaxy S4 Smartphone Can Now Tap & Pay To Make Secure Contactless Payments At More Than 1.6 Million Merchant Locations Worldwide Where MasterCard PayPass Is Accepted.
Commonwealth Bank customers can now easily add contactless payment functionality to their Samsung Galaxy S4, allowing for contactless payments at the more than 1.6 million MasterCard
merchant locations around the globe. This includes major retailers, convenience stores, grocery stores, pharmacies and taxis – quick payment environments where speed and convenience matter most.
MasterCard and Samsung, in partnership with financial institutions and mobile network operators worldwide, plan to complete similar service rollouts over the next year, including launches in Turkey, Russia and the Ukraine in the first quarter of 2014.
Access to the secure element allows Samsung and other OEMs, mobile network operators and financial institutions to partner with MasterCard to deliver next-generation payment solutions to consumers. This includes MasterCard contactless technology and
MasterPass™, the digital platform from MasterCard that enables partners to offer consumers enhanced payment and shopping experiences that are as simple as a click, tap or touch – online, in-store or anywhere.
“With today’s news, we are ensuring that MasterCard cardholders can ‘light up’ Samsung devices for payments as they become available in the market,” said Mung Ki Woo, Group Executive, Mobile & Industry Alliances, MasterCard. “Our focus is on helping consumers shop and pay in a way that best fits their needs, across all of their devices. By working closely with Samsung – the global leader in mobile device manufacturing – and other device and chip manufacturers, mobile network operators and merchants, MasterCard is maintaining a leadership role in defining the future of payments.”