The solution runs on a pay-as-you-go model, enabling consumers to have virtual card numbers which they can use to pay for their device and perform transactions from any place that accepts Mastercard. Consumers can analyse and build their credit history from usage data.
This partnership also provides a common platform for lenders, allowing consumers to have access to affordable device financing. The security and integrity of the customer data and transaction are ensured by Samsung’s embedded Knox security platform.
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