Both companies aim to speed up the rollout of new payment features and innovations across the country
Mastercard has recently teamed up with FrenchSys, the e-payment solutions provider across France.
According to the report, 130 million French and international consumers have easy access to French electronic banking services annually. This way, while France has historically been a forerunner in card payment technology, it needs to constantly innovate to remain at the leading edge along with its European counterparts.
On the basis of this agreement, Mastercard’s developments and innovations in payment technology will be made more readily available and make for easier deployment in line with other European countries.
Some of these benefits include contactless payment with PIN code entry and no amount limit, card refunds immediately credited to an account, or Mastercard’s new sound identity built into the payment process.
We’ve reported that Walgreens partnered with Mastercard and Synchrony to expand its business strategy as well as financial services.