Mastercard brings Samsung Pay to Morocco
Mastercard is expanding mobile payment options in Morocco with the launch of Samsung Pay, a secure and convenient way to make payments using compatible Samsung devices. This collaboration enables eligible Mastercard cardholders to use their devices for transactions, supported by Mastercard’s tokenization technology.
The launch is part of Mastercard’s efforts to advance Morocco’s digital payments ecosystem, working with financial institutions and technology partners to provide consumers with more payment options. By supporting Samsung Pay, Mastercard is broadening the range of payment choices available to consumers.
Samsung Pay uses Mastercard’s established tokenization capabilities in Morocco, replacing sensitive card details with a unique digital token to protect payment credentials during transactions. Additional layers of protection, including authentication and risk-based safeguards, provide consumers with confidence in their transactions.
The technology underpinning Samsung Pay helps to protect consumers’ payment information, making it a secure option for everyday commerce. Mastercard’s tokenization technology is a key component of this security, providing an additional layer of protection for consumers.
The launch of Samsung Pay in Morocco reflects Mastercard’s global ambition to tokenize 100% of online transactions by 2030.
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Mohamed Benomar, Country Manager of North West Africa at Mastercard, said, “At Mastercard, we believe the future of payments should give people more choice, greater convenience and confidence in every transaction. Supporting Samsung Pay in Morocco is another important step in expanding access to secure digital payment experiences.”
For consumers, Samsung Pay means paying with a compatible Samsung device, without the need for a physical card. Participating financial institutions can offer an additional digital payment experience to eligible cardholders, while merchants can accommodate this additional payment option.
Mastercard and Samsung will roll out a joint campaign in Morocco to promote the everyday adoption of Samsung Pay. The campaign will combine promotional activity with consumer education on how to pay simply and securely with compatible Samsung devices.
Hongseok Lee, President of Samsung Electronics Maghreb Arab, said, “With Samsung Pay, we want making a payment to feel as natural as using your smartphone or smartwatch. This launch marks another step in our commitment to providing Galaxy users with innovations that are simple, secure, and genuinely useful in everyday life.”
