{"id":714,"date":"2020-01-22T16:54:59","date_gmt":"2020-01-22T12:54:59","guid":{"rendered":"https:\/\/www.techxmedia.com\/?p=714"},"modified":"2025-04-16T17:39:02","modified_gmt":"2025-04-16T13:39:02","slug":"samsung-pay-expands-with-new-bank-partnerships","status":"publish","type":"post","link":"https:\/\/techxmedia.com\/en\/samsung-pay-expands-with-new-bank-partnerships\/","title":{"rendered":"Samsung Pay Expands with New Bank Partnerships"},"content":{"rendered":"\n

Samsung is further enhancing UAE<\/a> customers\u2019 mobile payment experience by collaborating with First Abu Dhabi Bank (FAB) and Abu Dhabi Islamic Bank (ADIB) to enable access to Samsung Pay. The two new issuer partnerships extend Samsung Pay\u2019s partnership ecosystem to offer greater flexibility, access, and choice for customers, while also accelerating mobile payment adoption.<\/p>\n\n\n\n

As part of the agreement, all FAB\u2019s MasterCard and Visa Credit, Debit and Prepaid cards FAB\u2019s MasterCard and Visa Credit, Debit and Prepaid cards, as well as ADIB Visa, covered cards are now live on Samsung Pay. Samsung Pay is a simple and intuitive mobile payment service, which ensures swift and secure transactions for customers who can just swipe or tap their credit or debit cards to make purchases almost anywhere.<\/p>\n\n\n\n

\u201cOur partnership with FAB and\nADIB as a payment enabler is an integral part of the digital solution Samsung\nPay offers in the tech-forward UAE market and an additional guarantee of the\nquality of service that our customers are accustomed to and expect from us,\u201d\nsaid Mohammad Gharaibeh, Head of Enterprise, Mobile Business at Samsung Gulf\nElectronics, at Samsung Gulf Electronics. \u201cWe are confident that the Samsung\nPay service will further drive growth and increase the use of digital card\napplications within these financial institutions and ensure that its user\nexperience is hassle-free from start to finish.\u201d<\/p>\n\n\n\n

Samsung Pay works with Samsung\u2019s patented\nMagnetic Secure Transmission (MST) technology as well as with Near Field\nCommunication (NFC). MST replicates a card swipe by wirelessly transmitting\nmagnetic waves from the supported Samsung device to a standard card reader.\nThrough MST, Samsung Pay will work on most point of sale terminals in the UAE. <\/p>\n\n\n\n

\u201cFAB is focused on providing cutting-edge digital financial solutions to\ncustomers, and our partnership with Samsung is a significant part of our\nefforts to create a cashless future in the UAE. We are delighted to be partners\nin the innovative Samsung Pay service \u2013 a solution that offers unparalleled\nchoice, flexibility, and security to customers, and a valuable addition to the\npayments market in the country,\u201d said Danielle Murrie, SVP and Head of Retail\nProducts, FAB.<\/p>\n\n\n\n

\u201cAn increasing number of customers want the freedom to buy when, where and how they please \u2014 at merchants they trust and with the least amount of friction. We are delighted to partner with Samsung Pay to offer enhanced digital financial services for everyday life \u2013 in order to address growing consumer demand for a seamless checkout experience,\u201d said Philip King, Global Head of Retail at ADIB.<\/p>\n\n\n\n

In the UAE,\nSamsung Pay has created a new way to engage customers by offering them a new,\nsecure way to make payments while also helping consumers keep track of their\nspending.<\/p>\n","protected":false},"excerpt":{"rendered":"

All FAB\u2019s MasterCard and Visa Credit, Debit and Prepaid cards FAB\u2019s MasterCard and Visa Credit, Debit and Prepaid cards, as well as ADIB Visa, covered cards are now live on Samsung Pay. <\/p>\n","protected":false},"author":8,"featured_media":715,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[9639],"tags":[195,194,192,193],"contributor":[],"class_list":["post-714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech-emerging-technologies","tag-adib","tag-fab","tag-samsung","tag-samsungpay"],"featured_image_src":"https:\/\/techxmedia.com\/en\/wp-content\/uploads\/2020\/01\/SAMSUNG.png","author_info":{"display_name":"News Desk","author_link":"https:\/\/techxmedia.com\/en\/author\/rabab\/"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts\/714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/comments?post=714"}],"version-history":[{"count":0,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts\/714\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/media\/715"}],"wp:attachment":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/media?parent=714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/categories?post=714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/tags?post=714"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/contributor?post=714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}