Mastercard has announced the launch a new product to streamline how consumers make payments.

Mastercard Pay Local allows customers to connect their Mastercard cards to local digital wallets worldwide.

The goal is to make it easier for people to shop at any location that accepts participating digital wallets, without the need to top up a prepaid account or set up a separate wallet.

The service helps wallet operators extend their reach by appealing to card users, while card issuers can offer their customers increased acceptance points globally.

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