Home Customers of Spanish bank, Santander, can now use Samsung Pay

Customers of Spanish bank, Santander, can now use Samsung Pay

Samsung Pay is a secure and simple mobile payment service that works anywhere. Payment for goods or services can be made with a credit or debit card using this system. Most recently, Samsung Pay is now functional with RAKBANKSberbankHBSC, First Direct and M&S Bank. Spanish Banco Santander is now the most recent bank to join the Samsung Pay platform. This is coming over a month after its British counterpart (Santander UK) joined the system.
Spain is the first country in Europe to introduce this service over a year ago, following successful launches in South Korea, the United States, and China. Samsung Pay is the first mobile payment service of its kind to be launched in the Spanish market and 75 percent of payment terminals in the country now use this service.
Starting from June 27, Spain’s Banco Santander customers will be able to use Samsung Pay for their mobile payments. Since the launch of Samsung Pay in Spain, banks such has CaixaBank, imaginBank, Banco Sabadell and Abanca have been using this mobile payment system which is compatible with the contactless technology. To get started, Santander customers have to activate their debit or credit cards on any compatible Samsung device. As of now, the compatible devices are Galaxy S8, Galaxy S8+, Galaxy S7, Galaxy S7 edge, Galaxy S6, Galaxy S6 edge, Galaxy S6 edge+, Galaxy A5 2016 and 2017 models. Santander has almost 2000 ATMs from which its customers will be able to withdraw cash and activate other transactions using Samsung Pay.
With the launch of Samsung Pay for Santander’s customers, there is now more competition for Apple Pay and Bizum mobile payment platform which has been available to customers in Spain. It is expected that Samsung Pay will extend to other banks in Spain as well as other countries of the world considering its high rate of expansion so far and its global acceptability.

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Get the biggest tech headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Tech News

    Explore the latest in tech with our Tech News. We cut through the noise for concise, relevant updates, keeping you informed about the rapidly evolving tech landscape with curated content that separates signal from noise.

    In-Depth Tech Stories

    Explore tech impact in In-Depth Stories. Narrative data journalism offers comprehensive analyses, revealing stories behind data. Understand industry trends for a deeper perspective on tech's intricate relationships with society.

    Expert Reviews

    Empower decisions with Expert Reviews, merging industry expertise and insightful analysis. Delve into tech intricacies, get the best deals, and stay ahead with our trustworthy guide to navigating the ever-changing tech market.