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Samsung Pay is now available with 38 more financial institutions

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Samsung Pay, the secure mobile payment service available on compatible Samsung phones, has been extended after a partnership with Cuscal that will bring 38 more financial institutions on board.

Samsung Pay works with the company’s latest devices including the Galaxy S8 and Galaxy S8+ along with the Gear S3 smartwatch.

Some of Cuscal’s clients include People’s Choice Credit Union, Credit union Australia (CUA) and Teachers Mutual Bank which will now be offering Samsung Pay to its customers.

These institutions join Westpac, Citibank and American Express as Samsung Pay partners.

“Through Samsung Pay’s partnership with Cuscal we are providing millions of Australians a convenient and safe payment option,” said Richard Fink, Vice President, Mobile Division at Samsung Australia.

“Every partner we bring onboard, whether it be a financial institution or retail brand through our Samsung Pay loyalty functionality, brings us a step closer to helping customers replace their wallets with their Samsung smartphone or smartwatch.”

This announcement also coincides with Samsung Pay’s first anniversary.

In its first year in Australia, Samsung Pay has partnered with 40 card brands and has more than 100 types of loyalty cards.

Samsung Pay works in almost every store with support for MST and NFC so if you can use your credit card you can use Samsung Pay.

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To use Samsung Pay simply swipe up to launch Samsung Pay on your device, choose your card, authenticate with your fingerprint and tap your phone on the terminal to pay.

Cuscal’s 38 financial institutions now available on Samsung Pay are: Australian Unity, Bank Australia, Bank of Sydney, Beyond Bank Australia, Big Sky Building Society, Catalyst Money, Central Coast Credit Union, Central Murray Credit Union, Community First Credit Union, Credit Union SA, CUA, Customs Bank, Defence Bank, Firefighters Mutual Bank, First Option Credit Union, Holiday Coast Credit Union, Horizon Credit Union, Illawarra Credit Union, Intech Bank, MyState, Nexus Mutual, Northern Beaches Credit Union, P&N Bank, People’s Choice Credit Union, Police Bank, QT Mutual Bank, Queenslanders Credit Union, Reliance Bank, SCU, Select ENCOMPASS Credit Union, South West Slopes Credit Union, Teachers Mutual Bank, The Mac, The Rock, UniBank, Unity Bank, WAW Credit Union Co-Operative, and Woolworths Employees’ Credit Union Limited.

“We’re really pleased that our clients’ customers can now use Samsung Pay,” said Robert Bell, General Manager of Product & Service at Cuscal.

“Our aim is to allow all of our clients to offer their customers the newest and best payment options available, to help them compete with much larger players. With the addition of Samsung Pay we continue to fulfil this promise to them.”

Worldwide Samsung pay has more than 870 bank partnerships with more than 240 million transactions processed in the past 18 months.

Samsung Pay works with the latest smartphones including the Galaxy S7, Galaxy S7 Edge, Galaxy S6 Edge+, Galaxy Note 5, Galaxy A5 and A7, Galaxy S6 and Galaxy S6 Edge.