Going from strength to strength, Samsung Electronics Australia has announced that it has teamed up with Latitude Financial Services to bring Samsung Pay, its mobile payments service, to the Mastercard customers of the bank.
“Samsung is proud to partner with Latitude Financial Service, a new leading name in the consumer finance market in Australia,” says Mark Hodgson, Head of Products and Services, Samsung Electronics Australia.
Latitude Financial Services is a leading consumer finance business in Australia and New Zealand, offering a wide range of finance products including to its 2.6 million customers. And by partnering with Samsung Pay, they now provide even bigger range of services to their customers.
Samsung Pay is an easy-to-use mobile payment service that allows contactless payments to its customers using compatible Samsung devices. It is secured with Samsung Knox security platform, which provides real-time kernel protection along with monitoring the device’s software for malicious files and activities. Samsung Knox also makes sure that card information is safely encrypted within a separate and secure data vault, in case of the device gets lost. While making transactions, Samsung Pay uses a random token instead of the card number, keeping the card informations safe. So security is literally the last thing one should be worried about with Samsung Pay.
Not just Master and Visa cards, but you can also load loyalty and store cards into the app by just taking the picture of the card or manually entering the card details. With the addition of Latitude Financial Services’ Mastercard, Samsung Pay is now accessible for over 40 Australian card brands and over 100 different types of loyalty cards. GO Mastercard and 28 Degrees Platinum Mastercard are among the other Australian card brands to have partnered recently with Samsung Pay.