Samsung Pay Debuts for MasterCard Cardholders

Beginning today, Samsung Pay is now available to MasterCard cardholders for everyday purchases. Samsung device owners can use their MasterCard credit, debit and select prepaid and small business cards from participating banks directly through Samsung Pay.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150928005938/en/

Samsung Pay Debuts for MasterCard Cardholders (Photo: Business Wire)

Three Things You Need To Know:

1) Who can use Samsung Pay? Samsung Pay is now available on select Galaxy S6 edge+, Galaxy Note5, Galaxy 6 edge and Galaxy S6 smartphones. Consumers simply launch the Samsung Pay app and scan their fingerprint to authorize the payment and pay. U.S. MasterCard cardholders can now make safe, seamless and secure payments with their consumer credit, debit and select prepaid and small business cards.

2) Where can Samsung Pay be used? Samsung Pay works almost anywhere you can swipe or tap your card in the U.S. Cardholders shopping on the go can use the MasterCard Nearby app which, among many other benefits, can help you locate hundreds of thousands of merchants that accept contactless payments.

3) Paying with your MasterCard = All the same protections you’re used to AND MORE! Our MasterCard Digital Enablement Service (MDES) is making safe and secure payments possible for cardholders who pay via Samsung Pay. MDES is one of the most secure payments technologies in the world. For consumers and merchants alike, this means that every purchase made with a MasterCard using Samsung Pay offers the same enhanced security and benefits of a digital MasterCard transaction including the latest tokenization technology.

About MasterCard

MasterCard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Cashless Pioneers Blog and subscribe for the latest news on the Engagement Bureau.

About Samsung Pay

Samsung Pay is a simple, safe and available almost anywhere you can swipe or tap your card mobile payment service from Samsung Electronics. Combining NFC with Samsung’s proprietary MST technologies, Samsung Pay provides consumers a way to pay nearly anywhere you can swipe or tap a card at millions of merchant locations worldwide. 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. Visit www.samsung.com/pay to learn more.

*Some card reader terminals may require software updates to be compatible with Samsung Pay.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150928005938/en/