First Data Strengthens Digital Wallet Leadership with Support of Samsung Pay
Leading Commerce Enabler Powers Mobile Wallet Point-of-Sale Transactions
First Data’s STAR® Network Accepts Samsung Pay
ATLANTA, GA – SEPTEMBER 28, 2015 – First Data Corporation, a global leader in commerce-enabling technology and solutions, continues to build its digital wallet leadership as it supports Samsung Pay, now available for in-store use in the United States. Samsung Pay will be accepted across First Data’s point-of-sale devices, including the innovative Clover® family of business management solutions. First Data’s STAR® Network, the largest independent debit network, will also support Samsung Pay.
Recognized as a leading mobile payments provider, First Data is a critical partner in the payments ecosystem as new technologies, like Samsung Pay, are introduced. Mobile commerce is growing rapidly and First Data is uniquely positioned to help clients meet evolving consumer demands for omni-channel commerce. STAR provides payment support for all channels, devices and cardholder verification methods.
“First Data continues to lead the way in enabling mobile commerce globally,” said Barry McCarthy, Executive Vice President and Head of Network and Security Solutions at First Data. “With the launch of Samsung Pay, we are extending our innovative technology to ensure that, as consumers increasingly move to digital payments, First Data can enable any card in any digital wallet.”
By leveraging a new proprietary technology called Magnetic Secure Transmission (MST) along with Near Field Communication (NFC), Samsung Pay is compatible with most existing payment terminals where you can tap or swipe your card. Samsung Pay is now available on the Galaxy S6 edge+, Galaxy Note5 and Galaxy 6 edge and Galaxy S6 smartphones. Consumers simply launch the Samsung Pay app and scan their fingerprint to authorize the payment.
“First Data is a valued partner to help Samsung bring mobile payment from every-once- in-a-while to almost anywhere,” said Injong Rhee, EVP of Samsung Electronics, Global Head of Samsung Pay. “With Samsung Pay, customers can shop like it’s yesterday and pay like it’s tomorrow. They can use the only mobile payment option that works almost anywhere you can swipe or tap your card today.”
About First Data
First Data is a global leader in commerce-enabling technology and solutions, serving approximately six million business locations and 4,000 financial institutions in 118 countries around the world. The company’s 23,000 owner-associates are dedicated to helping companies, from start-ups to the world’s largest corporations, conduct commerce every day by securing and processing more than 2,300 transactions per second and $1.9 trillion per year.
About Samsung Pay
Samsung Pay is a simple, safe and available almost anywhere you can swipe or tap your card mobile payment service from Samsung Electronics. Combining NFC with Samsung’s proprietary MST technologies, Samsung Pay provides consumers a way to pay nearly anywhere you can swipe or tap a card at millions of merchant locations worldwide. Samsung continues to strategically expand its partnership ecosystem for Samsung Pay to provide greater flexibility, access, and choice for customers while enabling an easy and safe payment experience. Visit www.samsung.com/pay to learn more.
About Samsung Electronics America, Inc.
Headquartered in Ridgefield Park, NJ, Samsung Electronics America, Inc. (SEA), is a recognized innovation leader in consumer electronics design and technology. A wholly owned subsidiary of Samsung Electronics Co., Ltd., SEA delivers a broad range of digital consumer electronics, IT and home appliance products. Samsung is the market leader for HDTVs in the U.S and America’s fastest growing home appliance brands. To discover more of the award-winning products you love with Samsung, please visit www.samsung.com.
About Samsung Electronics Co., Ltd.
Samsung Electronics Co., Ltd. inspires the world and shapes the future with transformative ideas and technologies, redefining the worlds of TVs, smartphones, wearable devices, tablets, cameras, digital appliances, printers, medical equipment, network systems, and semiconductor and LED solutions. We are also leading in the Internet of Things space through, among others, our Smart Home and Digital Health initiatives. We employ 319,000 people across 84 countries with annual sales of US $196 billion. To discover more, please visit our official website at www.samsung.com and our and our official blog at global.samsungtomorrow.com.