Samsung Pay 2016 AH (4)

Samsung Pay Expands Bank & Credit Union Support In The U.S.

March 29, 2016 - Written By Justin Diaz

Mobile payments are more of a thing now than they have ever been in the past, and users have their choice of more than a single option. Samsung Pay is one of those options and while it is only available on a selection of Samsung’s Galaxy devices, it is the most compatible when it comes to supported businesses thanks to the use of the MST technology inside of Samsung Pay’s software. This enabled it to work at any institution where you could normally swipe a credit or debit card. The app will still have to support your bank of course, which is no different from other options like Android Pay, and as of an earlier announcement today Samsung has just added support for a handful of new banks and credit unions to expand the compatibility of the application and service for more users in the U.S.. This is in addition to the support they have added this morning for 9 different Chinese banks.

While Samsung Pay already supports a pretty large number of the major banking institutions and credit unions within the U.S., today’s update brings in support for Fidelity, Old National, BHCU, Bank of England, Altra Federal Credit Union, Benchmark Federal Credit Union, Blackhawk Community Credit Union, Founders Federal Credit Union, Greater Texas Federal Credit Union, Henrico Federal Credit Union, Kern Schools Federal Credit Union, Justice Federal Credit Union, MSU Federal Credit Union, NuMark Credit Union, Star One Credit Union, and TruWest Credit Union.

While 16 new supported banks and credit unions is a decent addition to the continually growing list, there are still many banks and credit unions around the country which have yet to add support, and these will mostly be the smaller banks and credit unions that customers will be waiting on. Beyond that, Samsung Pay users will also want to familiarize themselves with which cards their bank issues which are also supported by the Samsung Pay platform, as Samsung notes that not all cards from each supported bank or credit union will be compatible. If your bank or credit union wasn’t included as one of the 16 new institutions that were added today, there’s a chance you may have missed it gaining support previously, and you can check the full list from Samsung’s support page for the service, which will also be where you can find which cards from which banks are compatible with the app.