Go walletless. Samsung Pay is here.

Go walletless. Samsung Pay is here.

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Friday, 7th July 2017

Bank of Sydney announced that it has launched Samsung Pay for its customers. This new application allows the Bank’s Visa Debit card and Credit Card’s holders to pay virtually anywhere * in a matter of seconds using their compatible Samsung smartphone or smartwatch.

Security and privacy is at the core of Samsung Pay. Samsung Pay uses several layers of security to protect user’s payment information. For added security, users verify either using their fingerprint, Iris Scanner (only compatible with Galaxy S8 and Galaxy S8+) or a 4-digit PIN when making purchases. With a simple and intuitive user interface, payments can be made quickly and with ease by pressing and holding the top button and holding it against the payment terminal**.

Miltos Michaelas, CEO of Bank of Sydney, said, “After Apple Pay, we’re proud to offer our customers Samsung Pay to provide them the best possible experience. With the mobile increasingly being used for payments and banking in general, we strive to progress in line with the digital development’s direction adding ease and convenience to our offerings.”

“Samsung Pay gives our customers the option to use their Bank of Sydney Credit and debit cards to pay for purchases whenever, wherever, with their Samsung devices.”

After a user’s card is added to Samsung Pay and verified, it can be used immediately to make a purchase. Also, users can register up to 10 payment cards into Samsung Pay. So, if you are tired of carrying around a wallet full of cards, visit and get started.

*Devices compatible with NFC point of sale terminals for contactless transactions include Samsung Galaxy Note 5, Galaxy S6, Galaxy S6 edge, Galaxy S6 edge+, Galaxy S7, Galaxy S7 edge, Galaxy A5, Galaxy A7, Galaxy S8 and Galaxy S8+. All devices are compatible with MST point of sale terminals for swipe transactions except for Galaxy S6, Galaxy S6 edge and Gear S2.

**Samsung Pay for Gear only available on NFC terminals with Gear S2 and NFC and MST terminals with Gear S3.