OT-Morpho, a world leader in digital security and identification technologies, today announces its selection by Santander, one of the leading banks in Spain, to deploy the Samsung Pay mobile payment service.
OT-Morpho is leveraging its end-to-end digital payment offering: ranging from the PEARL by OT-Morpho embedded Secure Element (eSE) and related payment applications to its comprehensive Digital Enablement Platform for secure tokenization and provisioning services. Relying on OT-Morpho’s digitization solution, Santander’s cardholders are now able to securely enroll and provision tokenized payment cards in any eligible Samsung phone. Santander’s customers will then be able to use their digital cards stored in the Samsung Pay mobile wallet app on any compatible point of sale payment terminal in Spain and beyond, just as they use their contactless card today. The contactless acceptance and infrastructure in Spain is very dynamic with 1.6 million contactless payment terminals and 74.51 million contactless cards already deployed in the field.