Yesterday, Samsung revealed that September 28th, 2015 will be the US launch date for Samsung Pay. As a Samsung Pay partner, MasterCard is also preparing MC users for the Fall 2015 launch in a recent article titled “MasterCard to Power #SamsungPay in the US.” The company shared three tips to get users ready for Samsung Pay:
For MasterCard cardholders, here are the top three things you need to know when Samsung Pay goes “live” in September:
- Who can use Samsung Pay? It will be preloaded on some of the latest Samsung devices such as the Galaxy S6 edge+ and Galaxy Note 5 and will also be available as a free software upgrade to enable Samsung Pay on Galaxy S6 and S6 edge devices. Once launched, US cardholders will be able to make safe, seamless and secure payments with their MasterCard consumer credit, debit and select prepaid and small business cards.
- 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.
- Where can I use Samsung Pay? It works at virtually any merchant terminal in the US. 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.
Check out the video below to learn more about how to make simple, safe and secure everyday payments with your MasterCard via Samsung Pay.
While only select cards and Samsung devices will work with it, the following cards, banks and mobile carriers are listed as Samsung Pay participants. Samsung suggests users to contact your bank or financial institution to verify whether it is a Samsung Pay participant.
Cards: American Express, MasterCard, Visa
Banks: Bank of America, U.S. Bank
Mobile Carriers: AT&T, Sprint, T-Mobile, U.S. Cellular