Samsung Pay reveals rise in contactless transaction numbers and new partnership with Bankwest
Samsung Electronics Australia has today announced a new partnership with Bankwest that allows the financial institution’s cardholders to make contactless payments from their compatible Samsung smartphone or wearable device using Samsung Pay. The partnership builds on Samsung’s growing offering of payment and wallet capabilities from its mobile devices.
This announcement comes at a time when the use of digital payments is growing strongly. Samsung has seen the number of monthly active users grow 16% since the start of the year, and the number of monthly transactions grow by 35%.
Bankwest customers are now able to load their credit and debit cards on Samsung Pay to make payments using their Samsung devices. Users have access to Samsung Pay’s simple and secure digital wallet experience which allows them to pay securely using biometric identification or a PIN, load their favourite loyalty cards and pay for transit journeys on Transport for NSW’s Opal network. Bankwest joins over 70 card brands that have already partnered with Samsung Pay.
Bankwest GM Everyday Banking Louise Tovey said, “Bankwest’s vision is to provide brilliant customer experiences every day and we’re excited to partner with Samsung to help us deliver on that commitment.
“Australians are using their smart devices more than ever, with customers wanting choices that allow them to transact and do their banking in their own time and in their own way.”
Mark Hodgson, Head of Product and Services at Samsung Electronics Australia, said, “Our partnership with Bankwest is an important step for Samsung in our commitment to providing a walletless solution for all Australians using our mobile devices. The announcement also comes at an exciting time following the launch of our latest Galaxy Note smartphone, as well as a range of wearable devices that further enhance our mobile experiences.”
“Demand for digital wallet solutions and contactless payments have grown strongly this year and we see this trend continuing as more people understand the convenience, secure authentication methods, as well as peace of mind that comes with removing the need to physically touch a terminal.”
The partnership with Bankwest follows Samsung Galaxy Unpacked and the announcement of a slew of new powerful devices, including the Galaxy Note 20, Galaxy ZFold 2, Galaxy Watch 3, Tab S7 and Galaxy Buds Live.
