Chase Pay customers with compatible Galaxy smartphones can now use Samsung Pay

Samsung recently announced that Chase Pay customers that own compatible flagship Galaxy smartphones can now use the former's Pay mobile payment system. Once you link your Chase Pay to Samsung Pay, you will be able to use the latter's Magnetic Secure Transmission (MST) technology, along with NFC, to pay with the Chase Pay app at millions of merchants in the United States by simply tapping the payment terminal.

The new agreement brings together two wallets to offer Chase cardholders more ways to pay with their mobile phones and at more places. If you didn't know by now, Samsung Pay is accepted at nearly all payment terminals, which makes it one of the most widely accepted mobile payment product in the U.S.

On top of that, all customers that link Chase Pay to Samsung Pay will then be able to earn both Samsung Rewards points and for eligible Chase cards, Chase Ultimate Rewards points, for the purchases they make.

Moreover, both consumers and businesses will benefit from the Chase Pay app’s pay with points feature, which allows customers to redeem Chase Ultimate Rewards points at checkout for a statement credit.