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February 12, 2016 3:47 AM ET

Consumer Finance

Company Overview of MasterCard Europe S.P.R.L.

Company Overview

MasterCard Europe S.P.R.L. develops and offers payment and transaction processing solutions for financial institutions, banks, businesses, cardholders, and merchants. It also markets cards and guarantees payment through its systems, and tracks consumer behavior and buying trends. It was formerly known as Europay International S.A. and changed its name to MasterCard Europe S.P.R.L. in September 2002. The company was founded in 1965 and is based in Waterloo, Belgium. MasterCard Europe S.P.R.L. operates as a subsidiary of MasterCard Incorporated.

Chaussée de Tervuren 198A

Waterloo,  1410


Founded in 1965


32 2 352 51 11


32 2 352 58 07

Key Executives for MasterCard Europe S.P.R.L.

Age: 61
President of Strategic Alliances
President of UK and Ireland Business
Head of the Russian Representative Office
Group Executive - Global Product & Solutions Regional Lead of Europe
Compensation as of Fiscal Year 2015.

MasterCard Europe S.P.R.L. Key Developments

MasterCard Extends Partnership with Samsung Electronics Co., Ltd to Deliver Samsung Pay in Europe

MasterCard and Samsung Electronics Co. Ltd. announced they are extending their global partnership leveraging the MasterCard Digital Enablement Service (MDES) to deliver Samsung Pay in Europe. Samsung Pay is a mobile payment service that will enable consumers to use their Samsung mobile devices to make every day in-store purchases at contactless and magnetic stripe terminals leveraging NFC and MST technologies. European card issuers will be able to connect to the MDES platform and activate the Samsung Pay service upon launch. Cardholders can activate their credit, debit, reloadable prepaid and small business cards from participating issuers in the Samsung Pay service and use their mobile devices to make everyday purchases. Earlier this year, MasterCard announced it would provide the tokenization services to Samsung Pay for its secure transactions, enabling a quick scaling connection to bank partners in the U.S. Samsung Pay is scheduled to launch in the U.S. and South Korea later this summer and Samsung is currently working with banks and partners to bring the payment service to Europe.

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