Samsung Pay is already off to a great start. Not only has it been achieving some impressive numbers in the US and South Korea, it’s one of the easiest and most widely-accepted mobile payment services out there thanks to its use of both NFC and MST technologies. Since launch, Samsung has been promising its users that more credit and debit cards would get support for Samsung Pay over the coming months, and it looks like that’s proving true today. Samsung has just announced that eight new credit and debit card issuers have been added to Samsung Pay.
Chase Visa is the most notable among the list, joining American Express, Bank of America, Citi Bank, U.S. Bank and Synchrony Financial as viable options for folks who want to use Samsung’s new payment method. In addition, Samsung Pay now supports credit and debit cards from these Mastercard issuers: Citizens Equity First Credit Union, Randolph-Brooks Federal Credit Union, Security Service Federal Credit Union, State Employees’ Credit Union, SunTrust and Virginia Credit Union. Navy Federal Credit Union Visa credit and debit cards are now supported, too.
Samsung Pay reportedly set to launch in China, Spain and the UK early next year
The company is also offering a pretty decent promotion for users who have yet to sign up for the payment service. From now until Monday, November 30th, you can get up to $100 off any purchase from samsung.com when you activate Samsung Pay and fill out an online form. Sounds pretty great, right? You’ll need to redeem your $100 coupon code between December 15th and December 31st of this year, so don’t wait! If you’re interested, follow the link below for more details.
[press]Samsung Pay Adds Eight More Credit and Debit Card Issuers Including Chase
Starting Today Samsung Pay Supports Chase Visa Credit and Debit Cards and New MasterCard Issuers
NEW YORK – November 23, 2015 – Samsung Electronics Co., Ltd. announced today that Samsung Pay, the most accepted mobile payment system, now supports eligible Chase Visa® credit, debit and Liquid® cards, as well as debit and credit offerings from MasterCard issuers: Citizens Equity First Credit Union, Randolph-Brooks Federal Credit Union, Security Service Federal Credit Union, State Employees’ Credit Union, SunTrust and Virginia Credit Union. Samsung Pay also now supports Navy Federal Credit Union Visa® credit and debit cards. Cardholders of all these issuers will be able to use Samsung Pay to pay almost anywhere they can swipe or tap their card.
“With expanded support from eight additional issuers, including Chase and SunTrust, we look forward to building even more momentum around Samsung Pay,” said Injong Rhee, EVP of Samsung Electronics, Global Head of Samsung Pay. “Through our ever expanding ecosystem of financial partners, Samsung Pay users will be able to take advantage of the most widely accepted mobile payment solution.”
“Samsung Pay gives our customers another convenient way to pay with their Chase cards,” said Gavin Michael, Head of Digital for Chase. “They choose how they want to pay.”
All three major payment networks will continue to be supported by Samsung Pay: American Express, MasterCard and Visa, as well as major banks including Bank of America, Chase, Citi, Navy Federal Credit Union, SunTrust, U.S. Bank, and key partners including Blackhawk Network, First Data, Global Payments, Synchrony Financial, TSYS, Vantiv, and Worldpay.
- SIMPLE: To make a payment on Samsung Pay, users can simply swipe up, scan their fingerprint and pay.
- SAFE: Samsung Pay uses tokenization, Samsung KNOX, and fingerprint authentication to provide secure payments. And, as terminals are upgraded to EMV, that security is leveraged, too.
- ALMOST ANYWHERE: Samsung Pay is compatible with most existing and new terminals, including most magnetic stripe, EMV and NFC terminals*. That means Samsung Pay works at more places than any other mobile payment service.
About Samsung Pay
Samsung Pay, a mobile payment service from Samsung Electronics, is simple, safe and available almost anywhere you can swipe or tap your card. Combining NFC with Samsung’s proprietary MST technologies, Samsung Pay provides consumers a way to pay almost anywhere you can swipe or tap a card at millions of merchant locations. Samsung continues to strategically expand its partnership ecosystem for Samsung Pay to provide greater flexibility, access, and choice for customers while enabling an easy and safe payment experience. Samsung Pay is compatible with select cards and Samsung devices, and leading wireless providers. Visit www.samsung.com/pay to learn more.
*Some card reader terminals may require software updates to be compatible with Samsung Pay.[/press]