Samsung Pay adds 38 more banks and credit unions in Australia

Almost two million more Australians will be able to use their smartphone as a credit card today in a move Samsung promised would take the country “a step closer” to ditching traditional wallets entirely.

The smartphone giant will add 38 financial institutions to its Samsung Pay app, allowing customers from Credit Union Australia, Australian Unity and more to pay by tapping their smartphone or smartwatch at the cash register.

Samsung Pay, which launched one year ago, is still trailing its Apple and Google rivals, but all three now offer payments from more than 40 institutions.

Samsung Australia mobile division vice-president Richard Fink said the latest deal, secured with payment solutions provider Cuscal, “brings us a step closer to helping customers replace their wallets with their Samsung smartphone or smartwatch”.

The deal will bring the number of potential Australian Samsung Pay users to more than 10 million, after Westpac joined the group in April.

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Source: Samsung Pay adds 38 more banks and credit unions in Australia – News.com.au