Samsung Pay Adds TD Bank and Regions Bank
April 18, 2016 
Written By Natalie Rutledge Today, Samsung Electronics announced that Samsung Pay will soon support debit and credit cards from TD Bank and Regions Bank.
TD and Regions join 60 other Visa and MasterCard banks and credit unions that have become partners since early March 2016. In total, Samsung Pay supports debit and credit cards from more than 130 financial institutions, which represents over 75% of the credit and debit card market in the United States.
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To use Samsung Pay, users simply swipe their mobile device and scan their fingerprint to pay. Transactions are secured through tokenization, Samsung KNOX and fingerprint authentication.
Samsung Pay is compatible at most EMV, NFC and magnetic strip terminals, which means it works at more places than other mobile payment services.
Earlier this month, Samsung announced that Samsung Pay would be accepted with ProPay and that the service would soon expand to China.
This entry was posted in Credit Card News and tagged mobile payments , TD Bank , fingerprint verification , mobile wallets , fingerprint technology , Regions Bank , fingerprint authentication , Samsung Pay , Samsung , mobile pay , EMV terminals , NFC terminals , fingerprint scanning , fingerprint authorization , Samsung KNOX , EMV compatible
The information contained within this article was accurate as of April 18, 2016. For up-to-date information on any of the terms, cards or offers mentioned above, visit the issuer's website. Many of the offers on this article are from our affiliate partners, and LowCards.com may be compensated if you take action with any of our affiliate partners.
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