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Visa Inc. supporting consumer payments with new Samsung Galaxy S6

byCustoms Today Report
19/03/2015
in Uncategorized
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BARCELONA, Spain: Visa Inc. is supporting consumer payments with the new Samsung Galaxy S6, the firm said.

Eligible consumers in the U.S. will be able to make secure Visa payments with Samsung Pay, Samsung’s new payment service scheduled to launch this summer. Samsung Pay is supported by Visa Token Service technology which is designed to enable secure payments with a broad range of connected devices.

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This new innovative technology from Visa replaces sensitive payment account information found on plastic cards, such as the 16-digit account number, expiration date and security code, with a unique series of numbers that can be used to authorize payment without exposing actual account details – helping to make mobile payments safer for everyone, everywhere.

Ryan McInerney, global president, Visa Inc., said, “Working in partnership with Samsung, we are able to bring secure mobile payments to millions of consumers around the world. Combining Visa’s expertise in payment technology with Samsung’s global leadership in creating innovative mobile experiences gives more choice to financial institutions who want to enable their customers to pay with the new generation of mobile devices.”

 

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