OREANDA-NEWS. Alfa-Bank and Samsung Electronics announce the commencement of the Samsung Pay payment service for their clients in Russia. On September 29, 2016, Samsung Pay becomes available for Bank clients — Masterсard holders and owners of Samsung smartphones with features supporting Samsung Pay. Payments are processed Mastercard.

Tatiana Yarmola, Alfa-Bank Product and Project Director:

«We believe that the future belongs to contactless payments and want our clients to be the first to access and use most convenient, rapid and safe payment solutions. Alfa-Bank clients have appreciated the advantages of cards issued by the bank in various form factors: not only contactless plastic cards but also AlfaPay watches and bracelets. Indeed, they will welcome the arrival of the new Samsung Pay technology in Russia. We have provided an additional unique opportunity for service users: whenever a client loses one’s plastic card he or she will not lose the money, the lost card can be blocked by means of the Alfa-Mobile mobile bank and the smartphone with the Samsung Pay feature can still be used for shopping worldwide. We are sure that all our clients will value Samsung Pay and additional opportunities offered by Alfa-Bank.»

Arkady Graf, Samsung Mobile in Russia head

«Samsung Pay was successfully launched a year ago and became a payment method popular with millions of Samsung smartphone users across the globe. The service opens up new opportunities for businesses of various scopes and increases openness in society. We are happy to start working with significant partners and hope to enlarge their number next year for the purposes of a wider choice and topnotch service for users across Russia».

The possibility to download a card on one’s smartphone and to perform transactions using Samsung Pay is provided at Alfa-Bank by the Bank’s processing center on the basis of the SmartVista product family designed by BPC Banking Technologies.

Samsung Pay is a safe and convenient mobile payment service, which can be used for shopping practically wherever regular bank cards are accepted.