PYMNTS Innovator

MasterCard and Samsung revealed a new use case for contactless mobile payments when they announced that Commonwealth Bank of Australia customers would now be able to make payments via the bank’s mobile banking app with select Samsung handsets. To unwrap this latest development, what it means for MasterCard, its MasterPass platform and where this solution will appear in Q1 2014, MPD CEO Karen Webster spoke with MasterCard’s Mung Ki Woo to learn more.

Read and Listen Here.