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    Samsung Pay is picking up support for two new banks in South Africa

    Pay
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    Last updated: March 11th, 2019 at 22:52 UTC+01:00

    Samsung Pay will soon be compatible with Discovery Bank and Investec in South Africa, it has been revealed. The move will bump the total number of supported financial institutions in the region up to seven, with the most recent addition being FNB, following in the footsteps of Absa, RMB, Standard Bank and Virgin Money.

    There's no word on when Discovery Bank and Investec will be added to Samsung Pay; expansions are usually implemented within a couple of weeks of an announcement being published on Samsung's Newsroom. If that rings true this time, customers in South Africa should have their hands on the feature by the time March 31 swings around.

    “We’re excited to offer this innovative technology to more South Africans and are confident that the nation will continue to embrace the convenience of Samsung Pay with great enthusiasm,” said Samsung South Africa Integrated Mobility Director Justin Hume in a statement issued on the firm's Newsroom on March 11.

    Samsung Pay has come on leaps and bounds

    Samsung Pay has consolidated its place as one of the world's leading mobile payment solutions, with US retailer Target recently announced a new initiative to modernize its brick-and-mortar stores with the introduction of support for the platform in its NFC form — those with a device capable of Samsung Pay's MST feature have long been able to use it there.

    Source Pay Discovery BankInvestecSouth Africa
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