MasterCard teams with and invests in mobile wallet platform C-Sam

Investing in C-SAM

MasterCard is partnering with and investing in transaction provider and mobile wallet C-SAM reports StrategyEye. The firm is a provider of back-end management.

The two firms had formed a marketing partnership earlier this year. C-SAM will use MasterCard’s PayPass Wallet services as well as its digital payment infrastructure. Its users include StarHub, AxisBank and Discover.

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