Samsung Pay adds 14 more banks and Gift Cards



Samsung launched its NFC powered payment service Samsung pay earlier this year, and since then it has approx 1 million users in Korea. The South Korean Company has launched Samsung Pay in U.S. back in September to take on Apple Pay and since then it had acceptable amount of users in United States. The South Korean electronics giant is planning to add more banks to its payment service in U.S.

Currently Samsung Pay supports cards of only few banks in U.S. So, the company is going to change the scenario by adding 14 more banks to its mobile payment system. This means that Samsung Pay will become more useful in coming months.

In coming months, Samsung Pay will start supporting cards from Chase, PNC Bank, TD Bank, SunTrust, Fifth Third Bank, First Hawaiian, Key Bank, Silicon Valley Bank, Security Service Federal Credit Union, Navy Federal Credit Union, Virginia Credit Union, Associated Bank, Randolph Brooks Federal Credit Union and People’s United Bank. According to Samsung, its mobile payment system will accept a Discover Card next year.

The electronic giant said that people can also load gift cards to their Samsung smartphones by the end of the year. Samsung has partnered with the Blackhawk Network to add gift cards for shopping, entertainment, dinning and fashion. Currently Samsung Pay is compatible with Galaxy S6, S6 edge, S6 edge+ and Note 5. If you own any of these Samsung’s smartphones, you can use Samsung Pay.

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