Samsung Pay Launches in Morocco with Mastercard Support
What happened
Samsung Electronics launched its Pay service in Morocco on November 1, 2026, with support from Mastercard. The service allows eligible cardholders in Morocco to make secure contactless payments using compatible Samsung devices, relying on Mastercard’s tokenization technology to protect card numbers. The launch event was attended by Ahmed Rahou, Morocco’s Minister of Digital Transition and Administrative Reform, and Hongseok Lee, President of Samsung Electronics Maghreb Arab.
From financial-news.co.uk
Why it matters
The rollout expands secure digital payment access within Morocco. Mastercard stated that the launch is part of a wider ambition to tokenise all of its online transactions by 2030.
Mastercard recently extended digital payment access in Morocco and partnered with OpenAI, while Cantor Fitzgerald and Raymond James Financial updated ratings.
From financial-news.co.uk
Who's involved
- Samsung ElectronicsProvider of the Samsung Pay service
- MastercardFinancial services corporation supporting the payment service
- MoroccoSovereign state where the payment service was launched
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The entities involved
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Samsung Electronics
South Korean multinational electronics corporation
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Mastercard
American multinational financial services corporation
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Morocco
sovereign state in North Africa