Mobile Payments

One Year In, Samsung Pay Marks US Anniversary With Coupon App, Cloud Services

Samsung said on Tuesday (Sept. 27) that its one anniversary of Samsung Pay in the United States has brought some new features to the payments platform.

In a release, Samsung said that the past year has brought several milestones, among them support from more than 500 banks and credit unions, with reach across 80 percent of the debit and credit market in the U.S. And in new product announcements this week, Samsung said it has debuted an in-app coupon service, which allows users to search, save and also redeem coupons in partnership with Quotient Technology Inc. (formerly, which has a platform for digital promotions.

Through that partnership, Samsung Pay users can upload a membership or loyalty card from retailers in the Quotient partner network, across, say, drug stores, and view and save coupons they would like to use. The coupons, linked to a membership account, are automatically applied upon checkout using Samsung Pay.

Also on Tuesday, Samsung said it has introduced cloud storage to restore membership, gift and Samsung Reward cards when users sign into new devices.

Additionally, in further marking the one year U.S. anniversary, Samsung Pay is giving away 365 Gear S2s, which now work with the payments service and, in beta, work with NFC technology, allowing users to make payments at NFC terminals.



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