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Samsung Pay Adds Eight More Credit and Debit Card Issuers

Samsung Pay Adds Eight More Credit and Debit Card Issuers

Smartphones Nov 23,2015 0

Samsung on Mnday said that Samsung Pay, its mobile payment system, now supports eligible Chase Visa credit, debit and Liquid cards, as well as debit and credit offerings from MasterCard issuers. MasterCard issuers include 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.

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.

To make a payment on Samsung Pay, users can swipe up, scan their fingerprint and pay.

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.

Samsung Pay is compatible with most existing and new terminals, including most magnetic stripe, EMV and NFC terminals.

Tags: Samsung Pay
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