Samsung Pay expands to add more banks, including Chase
Samsung confirmed today that Samsung Pay, the company’s rival system to Apple Pay, now supports eligible Chase Visa credit, debit and Liquid cards. The service also works with 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.
Samsung Pay combines NFC with Samsung’s proprietary MST technologies. The service provides consumers a way to pay almost anywhere you can swipe or tap a card at millions of merchant locations, as long as their banking institution has partnered with Samsung.
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.