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

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.

source: Samsung

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6 Comments

1. yeayeayeaaa

Posts: 53; Member since: Oct 07, 2014

Just opened a Chase Account not too long ago, this will come in handy!

2. Foxgabanna

Posts: 611; Member since: Sep 11, 2016

Love having a Samsung device! Apple does the same thing, but it's in my drawer.

3. talon95

Posts: 1000; Member since: Jul 31, 2012

I'm curious how it is different from the last 3-4 years. It sounds like what I've always done.

4. jasaero

Posts: 46; Member since: Oct 20, 2014

Guessing you were just using Chase and NFC. MST will work EVERYWHERE you have access to the magnetic swipe terminal. No need for them to support some "Pay" scheme in the store. Samsung's MST literally works everywhere you can get the device by the magnetic sensor.

5. jasaero

Posts: 46; Member since: Oct 20, 2014

This is a nice opening of the tech for software devs....but would much rather see them open the tech to other device manufactures as I am not a huge fan of Samsung and they do like to license things sometimes. Or better yet....Qualcomm should be working on an alternative that isn't under same patents even, but has capability to reach the mag readers in gas pumps! Then I could actually not keep cards on me in general.

6. strategic_developer

Posts: 1627; Member since: Jul 17, 2018

It is completely stupid for banks to create their own pay system vs adopting existing options. Chase has already spent the money to get tokenization for all their cards to work with Samsung Pay. So why waste money on Chase Pay?

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