Samsung Pay Partners with Mastercard and Expands to Three New Countries with New Features

 

Samsung Electronics today announced Samsung Pay will add three new countries to the roadmap including Malaysia, Russia and Thailand, and also announced a global partnership with Mastercard to offer a simplified online payment and express checkout solution through its digital payment service Masterpass, starting early next year. Hundreds of thousands of merchants in 33 countries currently accept Masterpass for online payments.

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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 Pay is currently available in the United States on select Galaxy devices and wearables, including the Galaxy S7 and S7 edge, S6 edge+, Note5, the Gear S2, and the Gear S3 next month.

Samsung Pay will provide consumers with a seamless online payment platform with benefits including:

  • Express Checkout: Skip the process of filling out long online forms. With the express checkout solution, customers will be able use their Mastercard debit or credit cards along with the shipping information saved on their Samsung Pay account to quickly complete online transactions.
  • Make Purchases from Any Device: Customers can make online purchases from a computer, tablet or smartphone while shopping on their favorite sites or apps.
  • Secure Transactions: Security remains our top priority. When making online payments, a unique token is used in an encrypted form – not the actual debit or credit card number. Users can authenticate transactions using secure methods including a fingerprint scanner, which is built into Samsung’s mobile devices.

Samsung Pay also announced new features in the United States, including support for in-app payments and new nearby discounts and savings, marking one more step toward a true digital wallet.

  • Access to Deals at Nearby Stores
  • New In-App Payments
  • Partnership Ecosystem

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