Samsung Pay Network Expands with New Canadian Partnership

Steinbach Credit Union Association becomes the first credit union to launch Interac Debit on Samsung Pay

MISSISSAUGA, ON, March 25, 2019 /CNW/ - Samsung Electronics Canada Inc. today announced a new partnership with the Canadian Credit Union Association (CCUA) on behalf of the Canadian credit union sector. Widely accepted across Canada, Samsung Pay works almost anywhere you can tap a card.ⁱ

Stienbach Credit Union, one of CCUA's 240 credit unions, is the first to introduce Interac Debit on Samsung Pay, allowing members to make direct purchases from their chequing or savings accounts at select retailers using eligible Samsung devices.  

"Samsung is committed to driving innovation, whether that's through our Samsung Pay services or through our latest products – like the Galaxy S10. It's about creating a seamless mobile ecosystem that simplifies the day-to-day lives of our customers and partners," said Steven Cull, Director of Corporate Strategy, Samsung Electronics Canada. "We were thrilled to find another partner that was equally as committed to providing fast and secure digital payment options for its customers as we are."

As the first Canadian redit union to launch Samsung Pay, Steinbach Credit Union joins an expansive list of Samsung Pay bank partners offering Interac Debit, Mastercard and Visa. Samsung Pay provides consumers with a seamless mobile payment solution designed to offer: 

• Simple: To make a payment on Samsung Pay, users can simply swipe up, scan their fingerprint, iris or input their four-digit PIN, and tap to pay.
• More Secure: Samsung Pay uses three different levels of security to enable more secure payments – fingerprint or iris authentication, tokenization and Samsung Knox, Samsung's defense-grade mobile security platform. ⁱⁱ
• Widely Accepted: Users can pay almost anywhere you can tap or swipe your card. ⁱⁱⁱ

Samsung Pay is currently available in 20 countries around the world, has a strong alliance of partners and supports eligible credit and debit cards from more than 870 major global and regional banks around the world.   

Samsung Pay is compatible with a wide range of Samsung smartphones including the Galaxy S10, S10e and S10+; Galaxy S9 and S9+, Galaxy Note9; Galaxy Note8, Galaxy S8 and S8+; Galaxy S7 and S7 edge; Galaxy S6, S6 edge, and S6 edge+; Galaxy Note5, Galaxy A8 and Galaxy A5.^iv

Samsung Pay is available for download from the Samsung Galaxy Store and Google Play.  More information is also available at http://pages.samsung.com/ca/samsungpay/English/. 

About Samsung Electronics Canada
Samsung Electronics Canada inspires Canadians to reach their full potential through a transformative ecosystem of products and services that deliver innovation and distinct design to every aspect of their connected lives. The company is redefining the worlds of TVs, smartphones, virtual reality and wearable devices, tablets and digital appliances. In 2017, Samsung ranked top 10 in Interbrand's "Best Global Brands" list, Ipsos Canada's Most Influential Brands in Canada, and Leger Marketing's Most Admired Brands in Canada. Dedicated to helping make a difference in the lives of Canadians, Samsung's award-winning Hope for Children corporate giving initiatives supports public education, sustainability and health-related issues in communities across the country. To discover more, please visit www.samsung.com.

Follow Samsung Canada at facebook.com/SamsungCanada, or Instagram @samsungcanada or Twitter @SamsungCanada

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ⁱ Works almost anywhere NFC/MST credit and debit transactions are accepted. 

ⁱⁱ Fingerprint and iris scanner compatible Samsung devices.

ⁱⁱⁱ Works almost anywhere NFC/MST credit and debit transactions are accepted. 

^iv Current NFC and MST compatible devices include Galaxy S10, S10e and S10+; Galaxy S9 and S9+, Galaxy Note9; Galaxy Note8; Galaxy S8 and S8+; Galaxy S7 and S7 edge; Galaxy S6, S6 edge, and S6 edge+; Galaxy Note5, Galaxy A8 and Galaxy A5.

SOURCE Samsung Electronics Canada Inc.

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