• Samsung Pay now supports Chase and SunTrust cards, as well as some other credit unions
    6 replies, posted
[url]http://www.androidpolice.com/2015/11/23/samsung-pay-now-supports-chase-suntrust-and-six-additional-credit-unions-new-users-are-eligible-for-a-100-samsung-com-coupon-code/[/url] [quote=Android Police]Samsung Pay and mobile payment services of its ilk are only as good as the credit and debit cards they support. If you can't insert your bank or credit union into the app, you're still left swiping every time you get ready to spend money. Today Samsung has announced eight additional partners. The newly supported banks and credit unions are: - Chase - Citizens Equity First Credit Union - Navy Federal Credit Union - Randolph-Brooks Federal Credit Union - Security Service Federal Credit Union - SunTrust - State Employees’ Credit Union - Virginia Credit Union Samsung Pay is compatible with American Express, MasterCard, and Visa. Thanks to MST support, Samsung Pay works at most terminals that accept any of these cards.[/quote]
I was literally just bitching to my coworkers that none of the three epay apps support Chase. Guess my Note 5 will come in handy. Also, don't forget about the [url=https://samsungpromotions.com/samsungpay100/]$100 Samsung Gift Card[/url] you get for signing up and registering a card.
Honestly I found this out today in class completely unaware that they just announced this today. I've just been waiting for them to gain support of Chase bank cards and went onto their website today and just happened to notice it said Chase.
How secure are these things? I've never trusted my card to pay via NFC chip.
[QUOTE=proboardslol;49173284]How secure are these things? I've never trusted my card to pay via NFC chip.[/QUOTE] The way that Samsung explained it to me is that your card number is serialized, the only place your card number is is with Samsung - it generates a different card number based on the original which is fed back into the app. When you pay, your phone gives the POS register that card number. I'm guessing that the bank is able to see this "dummy" number, then tie it back to the original card to properly charge you. [t]https://dl.dropboxusercontent.com/u/58470349/2015-11-23%2023.25.49.png[/t] It's actually pretty cool.
[QUOTE=proboardslol;49173284]How secure are these things? I've never trusted my card to pay via NFC chip.[/QUOTE] Apple/Android/Samsung Pay all use tokenization in association with a virtual account number, which would actually wind up being more secure than just chip & pin or swipe or NFC on a card in the event of a data breach, as you wouldn't be able to do much with a VAN.
Still waiting for Wells Fargo
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