MasterCard launches a new program to speed the global rollout of digital payment services for consumers – Google & Samsung already sign up

To deliver secure digital payment options to millions of consumers rapidly, MasterCard today launched Digital Enablement Express (Express). Express expedites the process of digitizing and tokenizing MasterCard accounts through the MasterCard Digital Enablement Service (MDES).

„Financial institutions of all sizes gain immediate access to the latest digital payments services, while MasterCard partners – digital wallet providers, device manufacturers, card on file merchants and other digital payment providers – have a simple onboarding process to engage with all participating banks.”, according to the press release.

Express allows companies to request payment tokens through the MasterCard Digital Enablement Service (MDES). This enables every MasterCard issuer to securely digitize tokens into millions of devices, Internet of Things (IoT) environments and Card on File systems, and provides consumers with easy access to secure digital payments.

Google and Samsung are among the first mobile wallet providers to join up to MasterCard’s newly launched Digital Enablement Express programme.

“We are looking forward to bringing a best-in-class payments experience to consumers with Android Pay. Working with MasterCard’s Express platform will give us a highly scalable way to enable issuing banks to participate in Android Pay, while at the same time, launch a service that has broad consumer access,” said Ariel Bardin, Google’s VP of Payments.

“Partnering with MasterCard via Express ensures that Samsung Pay can be brought to millions of consumers globally in a scalable and efficient way that creates value for us and issuers,” said Injong Rhee, EVP of Samsung Electronics, Global Head of Samsung Pay. “We are excited to combine MasterCard’s Digital Express program with Samsung Pay to accelerate a digital payment experience that is simple, secure, and works virtually anywhere you can swipe or tap a card, in addition to all the benefits and guarantees that consumers have come to expect with every MasterCard transaction.”

Capital One, Fifth Third Bank and KeyBank are among the first issuers to announce their support of Express.