Samsung and Mastercard will launch Pay on Demand in emerging markets.
In Brief:
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The two companies seek to bring digital technology into markets across the Middle East and Africa.
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The platform links banks with original equipment produders and telcos.
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It enables people to access devices in a pay as you go model.
What does this mean?
The Pay on Demand platform allows people to get improved access to financial services offerings, as well as accelerating connectivity and smart devices.