Mastercard, Samsung launch prepaid Samsung Pay Cash
Mastercard announced that it was teaming up with Samsung and Netspend to launch Samsung Pay Cash, which combines a prepaid debit card with tokenized security so that customers don't have to display their 16-digit account numbers on their cards, in a blogpost.
Mastercard said Samsung Pay Cash works anywhere Samsung Pay and Mastercard are accepted using contactless or magnetic stripe payments.
Samsung Pay Cash can be activated anywhere Samsung Pay-eligible mobile devices are available.
Cover image courtesy of Mastercard.