Scottrade Bank, a division of Scottrade Financial Services, today announced the roll out of Android Pay and Samsung Pay to its personal banking clients.
With Android Pay and Samsung Pay, Scottrade Bank now offers multiple mobile payment solutions. Earlier this year, the bank began offering Apple Pay® and mobile check deposit.
“The use of mobile payments is growing, and Scottrade Bank is pleased to offer our clients banking services that make their lives easier,” said Chris McComish, president of Scottrade Bank. “Layering Android Pay and Samsung Pay into our mobile solutions allow our clients additional, simple ways to interact with millions of retailers.”
Android Pay uses contactless payment systems to send payment to a merchant - either in store or for payment in mobile apps. Rather than sending your actual debit card number with your payment, it uses a virtual account number to represent your account information.
Android Pay is compatible with the Android operating system “Kit Kat” or newer and works with most Nexus, Samsung, LG, HTC and Motorola phones.
Samsung Pay provides owners of select Galaxy devices the ability to use their phones to make payments virtually anywhere clients can swipe their card. Samsung Pay supports contactless payment systems and magnetic secure transmission (MST) technology.
Samsung Pay is compatible with the Galaxy S7, Galaxy S7 active, Galaxy S7 edge, Galaxy S6, Galaxy S6 active, Galaxy S6 edge, Galaxy S6 edge+ and the Galaxy Note 5.