In the last couple of months we have reported on Samsung Pay slowly rolling out to various banks. Last month we saw it roll out to a few more select Citibank customers but the amount of users was still fairly small. This looks set to increase dramatically with a new partnership between Samsung and Cuscal, Australia’s leading independent provider of payment solutions.
Just as Samsung Pay is celebrating its first anniversary in Australia they have announced a partnership with Cuscal. Cuscal is a payment provider and it’s clients include 38 financial institutions in Australia including People’s Choice Credit Union, Credit Union Australia (CUA), and Teachers Mutual Bank.
Richard Fink, Vice President, Mobile Division at Samsung Australia said: “Through Samsung Pay’s partnership with Cuscal we are providing millions of Australians a convenient and safe payment option.”
Robert Bell, General Manager of Product & Service at Cuscal said: “We’re really pleased that our clients’ customers can now use Samsung Pay. Our aim is to allow all of our clients to offer their customers the newest and best payment options available, to help them compete with much larger players. With the addition of Samsung Pay we continue to fulfil this promise to them.”
Samsung has now partnered with over 40 payment card brands and has over 100 different types of loyalty cards loaded onto Samsung Pay. Samsung Pay is Samsung’s version of Apple Pay and Android Pay. It is their secure and easy-to-use mobile payment service and is supported by quite a few Samsung devices including the Galaxy S8 and Galaxy S8+, Galaxy S7 edge, Galaxy S7, Galaxy S6 edge+, Galaxy Note 5, Galaxy S6 edge, Galaxy S6 active, Galaxy S6, Gear S2 (Beta – with NFC only), and the Gear S3.
Cuscal’s 38 financial institutions now available on Samsung Pay are:
Australian Unity, Bank Australia, Bank of Sydney, Beyond Bank Australia, Big Sky Building Society, Catalyst Money, Central Coast Credit Union, Central Murray Credit Union, Community First Credit Union, Credit Union SA, CUA, Customs Bank, Defence Bank, Firefighters Mutual Bank, First Option Credit Union, Holiday Coast Credit Union, Horizon Credit Union, Illawarra Credit Union, Intech Bank, MyState, Nexus Mutual, Northern Beaches Credit Union, P&N Bank, People’s Choice Credit Union, Police Bank, QT Mutual Bank, Queenslanders Credit Union, Reliance Bank, SCU, Select ENCOMPASS Credit Union, South West Slopes Credit Union, Teachers Mutual Bank, The Mac, The Rock, UniBank, Unity Bank, WAW Credit Union Co-Operative, Woolworths Employees’ Credit Union Limited.
Until recently Samsung Pay was only available of a limited number of banks but with this new addition many more Australians will be able to use it. Are you someone who uses mobile payments? Are you waiting for Samsung Pay (or Android Pay) to arrive at your banking institution?