Samsung Pay Arrives in Puerto Rico

July 14, 2016, Written By Lynn Oldshue
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Samsung announced that its mobile wallet, Samsung Pay, will now support credit cards from Banco Popular, Puerto Rico’s largest bank, and will be available on AT&T, T-Mobile, Sprint and Claro mobile networks in the country.

“We’re excited to partner with Banco Popular to bring Samsung Pay to Puerto Rico,” said Thomas Ko, Vice President and Global Co-General Manager of Samsung Pay at Samsung Electronics. “With Samsung Pay, you can shop in Puerto Rico right from your phones at retail chains and independent businesses – the stores you already know and love. With the widest acceptance, Samsung Pay works almost anywhere2 you scan swipe or tap a card.”

Samsung Pay uses Magnetic Secure Transmission (MST) and Near Field Communications (NFC) technologies, which allows its users to make secure payments using their Samsung Galaxy smartphones. To further protect against fraud, the service also uses tokenization, Samsung KNOX and fingerprint authentication.

The payment service has recently expanded into several new markets, including Spain, Singapore and Australia. Later this year, Samsung Pay will launch in Brazil, Canada and the U.K.



The information contained within this article was accurate as of July 14, 2016. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.