Tieto delivers Samsung Pay to Russian Standard Bank
A new payment solution provided by Tieto allows customers of Russian Standard Bank to use their Samsung Pay wallet when making purchases at any merchant with a MasterCard contactless POS terminal. This new solution supports both NFC (Near Field Communications) and MST (Magnetic Secure Transmission) technologies.Payments executed by customers of Russian Standard Bank is secured and ensured via Samsung KNOX – a built-in system for smartphones that protects against malicious attacks and continuously monitors possible vulnerabilities. The security of mobile payments is also reinforced by using