Samsung Pay adoption is helped by the fact that this mobile payments service is capable of processing transactions through both NFC and MST. Since bank support is required for this service to work Samsung has gradually been adding more and more partners, today it has confirmed that support for Chase Bank has finally arrived for Samsung Pay.
The company’s mobile payments service can now be used with eligible Chase Visa credit, debit and Liquid cards. A handful of debit and credit offerings from several 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 are now supported as well.
Credit and debit cards from the Navy Federal Credit Union Visa can be used with Samsung Pay as well, anyone who holds a card from the aforementioned issuers can use the service to pay at merchants where they can already swipe or tap their card.
Samsung Pay already has support for three major payment networks: American Express, Visa and MasterCard, aside from major banks that include Citi, Bank of America, U.S. Bank and others.
This coupled with the company’s recent promotions in which its offering a $50 rebate to customers who activate Samsung Pay on their compatible handset will go a long way in ramping up adoption of this mobile payments service in the United States.
Filed in . Read more about Samsung Pay. Source: global.samsungtomorrow