Cut Wallet Clutter with New Samsung Pay Feature
NEW YORK–(BUSINESS WIRE)–Samsung Electronics America, Inc. announced today that Samsung Pay—the
most widely accepted mobile payment system—is giving U.S. users another
way to slim down their physical wallets with the support of membership
features. Samsung Pay users now have easy, direct access to merchant
membership and loyalty cards to receive savings, rewards and other
offers—all on their supported Samsung Galaxy smartphone.
The average American household carries almost 30 loyalty cards.1
With the new feature announced today, Samsung Pay lets users access all
of their merchant membership and loyalty cards from one, easy-to-use
application on the supported Samsung Galaxy smartphone that is already
in their hands. With Samsung Pay, users no longer have to worry about
fumbling through their wallet to find the right card, or worse,
forgetting it and missing out on savings.
Users can upload and store merchant membership and loyalty cards in
Samsung Pay—including from their gym, drug store, grocery store or any
of their favorite retailers. Samsung Pay’s new membership feature can
also be used to store other cards such as insurance and personal
identification cards for safe keeping. To use membership or loyalty
cards, users simply launch the Samsung Pay app, select the appropriate
card, hold their Samsung Galaxy smartphone screen up to the merchant’s
scanner, and let the card’s barcode be scanned at the register.
“With this new feature, Samsung Pay is giving users quick access to
their favorite membership and loyalty programs and making shopping even
easier,” said Nana Murugesan, VP of Strategy and Operations for Samsung
Electronics America. “Right now, shoppers have several things—credit and
debit cards, membership cards, coupons, gift cards—they need to take out
of their wallets and scan at the register. Samsung is simplifying the
checkout experience by bringing those items to your phone, representing
our next step toward a world without physical wallets.”
About Samsung Pay
Samsung Pay, a mobile wallet service from Samsung Electronics, is
simple, safe and works virtually anywhere plastic cards are accepted.
Samsung Pay supports all major payment networks and many of the
country’s major financial institutions, and it continues to expand its
partnership ecosystem*. Click
here for the full list of financial partners that support Samsung
SIMPLE: Samsung Pay is easy to use. Users simply swipe up from
their eligible Galaxy smartphone, scan their fingerprint and pay at
millions of merchants across the country.
SAFE: Samsung Pay uses tokenization, Samsung KNOX, and
fingerprint authentication to provide secure payments. Samsung Pay users
are fully protected against fraud by card issuers, and merchants receive
Card Present rates with no EMV liability shift.
ALMOST ANYWHERE: Samsung Pay is the most widely accepted mobile
payment system. Samsung Pay works with the majority of existing and new
terminals, including most magnetic stripe, EMV and NFC terminals. For
more information on Samsung Pay, visit www.samsung.com/pay.
Samsung Pay is compatible with select cards, 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.
About Samsung Electronics America, Inc.
Headquartered in Ridgefield Park, NJ, Samsung Electronics America, Inc.
(SEA), is a recognized innovation leader in consumer electronics design
and technology. A wholly owned subsidiary of Samsung Electronics Co.,
Ltd., SEA delivers a broad range of digital consumer electronics, IT and
home appliance products. Samsung is the market leader for HDTVs in the
U.S. and one of America’s fastest growing home appliance brands. To
discover more of the award-winning products you love with Samsung,
please visit www.samsung.com
and for the latest Samsung news, please visit news.samsung.com/us and
follow on Twitter @SamsungNewsUS.
About Samsung Electronics Co., Ltd.
Samsung Electronics Co., Ltd. inspires the world and shapes the future
with transformative ideas and technologies. The company is redefining
the worlds of TVs, smartphones, wearable devices, tablets, cameras,
digital appliances, printers, medical equipment, network systems, and
semiconductor and LED solutions. For the latest news, please visit the
Samsung Newsroom at news.samsung.com.
1 2015 COLLOQUY Loyalty Census. Rep. COLLOQUY, 9
Feb. 2015. <https://www.colloquy.com/latest-news/2015-colloquy-loyalty-census/>.
BerlinRosen for Samsung
Shruti Sehgal, +1-646-452-5637