MISSISSAUGA, ON, April 17, 2018 /CNW/ - Samsung Electronics Canada Inc. announced today that Royal Bank of Canada (RBC) personal payment cards are now supported by Samsung Pay, the widely accepted mobile payment system that works almost anywhere you can swipe or tap a card.1 This latest announcement follows the expanded Canadian availability of Samsung Pay, with RBC joining existing Samsung Pay partners including CIBC, American Express Canada, ATB Financial, Interac Debit, Mastercard, Scotiabank and Visa Canada.
This latest expansion comes as Canadians are increasingly looking to their banking and smartphone providers for fast, seamless experiences at check out. In 2016, 29% of Canadians actively used their smartphone to make mobile payments, while 74% of mobile payers state they would like to see rewards programs and mobile wallets integrated to ensure they can redeem rewards points immediately.2
"We're excited to work with RBC, a valued and longstanding partner, in delivering an exclusive, industry-leading mobile payment experience through Samsung Pay," said Paul Brannen, COO and Executive Vice President of Samsung Electronics Canada. "Samsung Pay provides real-life benefits to Canadians, ensuring the cards they need are easily available on their smartphone."
With these consumer needs in mind, Samsung Pay provides users with a seamless mobile payment solution, designed to offer Canadians a simple and convenient mobile payment experience:
- 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 authentication3, tokenization and Samsung Knox, Samsung's defense-grade mobile security platform.
- Widely Accepted: Users can pay almost anywhere you can tap or swipe your card1.
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. Expansion in Canada will continue as other partners join, including Tangerine and Peoples Card Services.
Samsung Pay is a widely accepted mobile payment system and is compatible with a wide range of Samsung smartphones including the Galaxy S9 and S9+, Galaxy Note8; Galaxy S8 and S8+; Galaxy S7 and S7 edge; Galaxy S6, S6 edge, and S6 edge+; Galaxy Note5, Galaxy A8 and Galaxy A5.4
Samsung Pay is available for download from the Samsung Apps 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 was ranked No. 6 in Interbrand's "Best Global Brands" list and named one of the top 10 Most Influential Brands in Canada, based on a study by Ipsos 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.
About Samsung Pay
Samsung Pay, a mobile payment service from Samsung Electronics, is simple, convenient and available almost anywhere you can tap or swipe your card.1 Combining NFC with Samsung's proprietary MST technologies, Samsung Pay provides consumers a way to pay almost anywhere you can tap or swipe a card at millions of merchant locations globally.1 Samsung continues to strategically expand its partnership ecosystem for Samsung Pay to provide greater flexibility, access, and choice for customers while enabling an easy and convenient payment experience.
1 Works almost anywhere NFC/MST credit and debit transactions are accepted.
2 Presented by Canadian Mobile Wallet Users Set Mobile Payment Trends in February 2017, citing findings from, "The Neilson Canadian Mobile Wallet" online study from Aug. 22 to Sept. 16, 2016, in both English and French among 2,009 Canadian respondents aged 18+. To qualify for the study, respondents were screened on the following criteria: They must have paid using their mobile device (smartphone or tablet) in the past 30 days.
3 Fingerprint and iris scanner compatible Samsung devices.
4 Current NFC and MST compatible devices include Galaxy S9 and S9+, 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
For further information: Katelin Onishi, North Strategic for Samsung Canada, [email protected], 613-883-4684