MasterCard to connect Europe to Samsung Pay

So Samsung wants its own service just like APPL, instead of opting into a Google service that is generic to Android devices.  We will probably see a MFST device wallet too.  Maybe someday users will care about phone wallets. Right now, there seems to be very little added value provided by these wallets. But, maybe someday there will be.

As stated above, "Much like Apple Pay - which made it debut in the UK last month - consumers will be able to activate their credit, debit, reloadable prepaid and small business cards in the Samsung Pay service and use their mobile devices to make purchases at contactless and magstripe terminals across the continent."  Very me too. But, maybe someday a "SMART WALLET", where the device will know there at Starbuck's I need my Starbuck's Card and pre-select it for me, and likewise, for other cards.

I am concerned from the robustness of the Android inherint vulnerablity to malware attacks and trojan software that dominate consumer phones. Security / Encryption / Reliablity / Fraud are key issues