21 February 2018
visit www.nextgenbanking.co.uk/

Android Pay and Samsung Pay come to BBVA Compass cardholders

04 May 2016  |  3010 views  |  0 Source: BBVA Compass

Now there are more ways for BBVA Compass customers to make purchases, thanks to the integration of Android Pay and Samsung Pay for BBVA Compass cardholders.

Android Pay and Samsung Pay, the mobile payments solutions from Google and Samsung, let BBVA Compass customers pay with their supported Samsung and Android phones instead of using their BBVA Compass Visa debit, credit or prepaid cards. The introduction of the mobile payments functionality underscores BBVA Compass' drive to provide more and varied ways for its customers to bank digitally.

"In today's fast paced world, it's imperative that we ensure our customers' need for convenience is kept at the forefront," said BBVA Compass Director of Payments Ryan Kraynick. "Android Pay and Samsung Pay are payment options that may make customers' lives a little easier."

Users will continue to receive all of the rewards and benefits offered by their BBVA Compass credit and debit cards.

Android Pay is accepted anywhere Near Field Communication (NFC) terminals are available, across millions of locations in the United States, as well as in hundreds of Android apps.

Samsung Pay also processes payments using NFC terminals. In addition, Samsung Pay features its proprietary Magnetic Secure Transmission (MST) technology, which enables acceptance at traditional magnetic stripe terminals.

For added security, Android Pay and Samsung Pay assign a token to BBVA Compass customers' phones. The token will be used to make purchases without the customer's card number being passed to the merchant with payment. Additionally, the customer's card number is not stored within Android Pay, Samsung Pay or on the mobile device.

"The safety and security of our customers' information is our top priority, and we're proud of the added level of protection offered by Android Pay and Samsung Pay to our customers," Kraynick said. "Our customers can rest assured that we are committed to bringing them financial innovations, in the most secure way possible."

Android Pay and Samsung Pay join Apple Pay and the proprietary BBVA Wallet in BBVA Compass' suite of mobile wallet and payment solutions. 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.vasco.comVisit https://www.capgemini.comVisit http://info.nice.com

Top topics

Most viewed Most shared
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
10061 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9678 views 10 comments | 22 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
8446 views comments | 13 tweets | 12 linkedin
BBVA-backed digital banking startup targets gig economy workersBBVA-backed digital banking startup target...
7106 views comments | 8 tweets | 12 linkedin
hands typing furiouslyMaking Customer Experience Your Business
6805 views 0 | 7 tweets | 5 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job