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MasterCard and NXP Partner to Bring Payments to Any Device

NXP Semiconductors N.V., coinventor of near-field communication (NFC), today announced a collaboration with MasterCard to simplify the on boarding of secure element-based devices by integrating NXP’s Loader Service solution into MasterCard’s payment ecosystem. Through MasterCard’s new program which targets to enable any IoT device to become a payment device, the companies are revolutionizing how OEMs and banks deploy secure pay solutions to the market.

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