Samsung and Latitude Financial Services partner to bring Samsung Pay to more Australians

Oct 05. 2017
Samsung Electronics Australia today announced that its contactless mobile payments service, Samsung Pay, is now accessible for Latitude Financial Services’ 1.2 million Mastercard customers.

Samsung Pay is a secure and easy-to-use mobile payments service available on compatible Samsung devices, including the recently released Galaxy Note8 smartphone.[1]

Mark Hodgson, Head of Products and Services, Samsung Electronics Australia, said: “Samsung is proud to partner with Latitude Financial Services, a new leading name in the consumer finance market in Australia. With access to Samsung Pay, Latitude Financial Services’ customers with a Mastercard will benefit from even more choice when banking and purchasing.”

“Samsung Pay is an open platform and the next evolution in Samsung’s mobile payment innovation, designed to act as a complete wallet replacement for users. For example, Samsung Pay’s unique loyalty feature allows for almost any loyalty card to be stored and used via our compatible devices,” Hodgson continued.

“Our goal is to partner with as many financial institutions as possible for the benefit of our customers, and we look forward to Latitude Financial Services customers taking advantage of the benefits Samsung Pay offers,” said Mr. Hodgson.

David Gelbak, Managing Director, Commercial and Partnerships, Latitude Financial Services, said: “Samsung Pay provides Latitude Financial Services further opportunities to capitalise on digital mobile payments, and drive front of wallet status in the digital realm. Samsung represents a significant market share of all smartphones in Australia and the adoption of mobile payments is increasing on a rapid scale due to the open source nature of the platform.”

“To support the launch of Samsung Pay, Latitude Financial Services customers can take part in exciting competitions to win Samsung Galaxy Note8 devices, and other great offers,” said Mr. Gelbak.

With the addition of Latitude Financial Services, Samsung Pay has now paired with over 40 payment card brands and has over 100 different types of loyalty cards able to be loaded onto Samsung Pay – helping to make everyday payments and loyalty point collections simple and secure. Other Samsung Pay partners include AMEX, Citibank, Westpac, Cuscal and ANZ.

For more information about Samsung Pay visit www.samsung.com/pay.

ENDS

About Samsung Pay:
Samsung Pay, a mobile payment service from Samsung Electronics Australia, is simple, safe and works almost anywhere you can swipe or tap your card. Samsung Pay provides consumers with a way to pay almost anywhere you can tap a card at numerous of merchant locations. Samsung continues to strategically expand its partnership ecosystem for Samsung Pay to provide greater flexibility, access, and choice for customers while enabling an easy and safe payment experience. Samsung Pay is compatible with select cards and Samsung devices. Visit www.samsung.com/au/apps/samsungpay to learn more.

About Samsung Electronics Co., Ltd:

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, network systems, and memory, system LSI, foundry and LED solutions. For the latest news, please visit the Samsung Newsroom at http://news.samsung.com.

About Latitude Financial Services:

Latitude Financial Services is a leading consumer finance business in Australia and New Zealand, offering 2.6 million customers a broad range of finance products including personal loans, credit cards, insurance, and interest-free promotional and retail offers. Across Australia and New Zealand, the business currently employs more than 1,800 staff and services its customers through a network of retailer partners, brokers, phone, and the internet. The company offers a full suite of financing solutions for retail partners, managing credit applications, credit authorisation, billing, remittance, and customer service processing. Its products include Gem Visa, GO MasterCard and 28 Degrees Platinum MasterCard.

Media contacts:

Eloise Joekong, Edelman on behalf of Samsung Electronics Australia, +61 437 347 430 / eloise.joekong@edelman.com
Anthony Spargo, Head of Communications and Corporate Affairs, Latitude Financial Services, +61 0414 107 591, anthony.spargo@latitudefinancial.com

1Samsung Pay is available on the Samsung Galaxy Note 5, S6, S6 edge, S6 edge+, A5, A7, S7, S7 edge, S8 and S8+. Compatible wearable devices include the Gear S2 and Gear S3 smartwatches. Samsung Galaxy S6 and S6 edge do not support the MST functionality of Samsung Pay. For further information, see www.samsung.com/au/apps/samsungpay.