Discover plans to give cardmembers the ability to pay with their Discover card, using their mobile phone.
Discover cardmembers will soon have the ability to use Samsung Pay to make purchases with their discover card. Samsung pay is an app available on Samsung brand mobile phones, which stores credit card information in order to offer users a simple way to make payments with their mobile phone.
Samsung Pay combines Magnetic Secure Transmission (MST) technology with Near Field Communication (NFC), making it compatible with nearly all existing payment terminals and allowing Discover’s cardmembers to quickly and easily make payments through their Samsung phones at millions of merchant locations.
Samsung Pay will be available on the Samsung Galaxy S6, Galaxy S6 edge, Galaxy S6 edge+ and Galaxy Note 5 this fall in the U.S. and Korea. Discover cardmembers will obtain access to Samsung Pay in 2016.
“Discover remains committed to providing cardmembers with simple, convenient and versatile payment options,” said Diane Offereins, Discover’s president of payment services. “Adding Samsung Pay expands our ability to offer innovative and secure mobile payment services, enhancing the customer experience that cardmembers have come to expect from Discover.”
Samsung Pay uses tokenization instead of payment card information for every transaction and consent for payment must be authorized by the cardholder with a fingerprint or a PIN. To make a purchase at the point-of-sale, Discover cardmembers will simply swipe up on eligible Samsung devices, scan their fingerprint and pay. When Discover cardmembers use Samsung Pay, they will continue to earn rewards and will continue to have protection against unauthorized purchases on their Discover card account.