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CaixaBank drops MST support ahead of Samsung Pay launch in Spain

Thursday 28 January 2016 00:14 CET | News

Spain’s CaixaBank has revealed that it will not include support for Samsung Pay’s MST technology when the bank launches support for the mobile payment service in the coming months.

According to the bank, it is mainly because in Spain, the penetration of the contactless POS is high (over 70%), so it was not necessary in first place.

The bank has announced that it will become the first in Spain to support Samsung Pay and will offer it as an additional payment option in its host card emulation (HCE) based mobile payment app.


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Keywords: CaixaBank, mobile payments, Samsun Pay, POS, MST, Sapin
Categories: Payments & Commerce
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Countries: World
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