Samsung Pay offers early access to Maybank customers

  • Mobile payment service announces first bank partner in Malaysia
  • Pay with compatible Samsung smartphones at terminals that accept either NFC or MST payments


Samsung Pay offers early access to Maybank customers


SAMSUNG Malaysia Electronics on Jan 17 announced a partnership with Maybank, to introduce Maybank customers to its first mobile payment service – Samsung Pay.

Simple, secure and accepted almost anywhere, Samsung Pay allows users to pay with their compatible Samsung smartphones at terminals that accept either NFC or MST payments.

“We are excited to be working with Maybank to accelerate the adoption of mobile payments and bring greater innovation into the marketplace, starting with Maybank’s customers. As one of the largest banks with the widest customer base in Malaysia, this partnership will offer the hundreds of thousands of Maybank customers access to one of the most convenient mobile payment systems in the world.

“Since we introduced the early access programme exclusively for Maybank Visa cardholders last month, Samsung Pay has been received positively and continues to gain momentum in customer adoption in the country,” said Samsung Malaysia Electronics Mobile and IT Business Unit vice president Lee Jui Siang.

Working closely with Samsung to make mobile payments widely available in the country and to deliver a truly digital wallet to Malaysian consumers, Maybank is the first bank to join the Samsung Pay ecosystem in Malaysia.

Maybank is exclusively offering its customers a firsthand experience of access, choice and flexibility when it comes to payment. More banks and merchants are expected to join Samsung’s partnership upon the official launch in the coming weeks.

Maybank group chief strategy officer Michael Foong said that he was confident this new digital wallet would be adopted by a significant number of the Bank’s cardholders given its user friendly features and acceptability worldwide.

“As a leader in the cards and digital banking segment, Maybank has always been at the forefront in leveraging technology to provide greater convenience and secured payment experience,” he said.

“As mobile technology and banking converge even more, we will work harder to create value for all our stakeholders in the future, in line with our aim to be the digital bank of choice in the region.”

More than a payment service

A secure and easy-to-use mobile payment service, Samsung Pay can be used to make purchases almost anywhere that credit, debit and prepaid cards are accepted.

  • Simple: To make a payment on Samsung Pay, users can simply swipe up on their eligible Galaxy smartphone, scan their fingerprint and pay.
  • Secure: Samsung Pay uses three levels of security to enable secure payments – fingerprint authentication, tokenization and Samsung KNOX, Samsung’s defense-grade mobile security platform.
  • Almost Anywhere: Samsung Pay is compatible with the majority of existing and new terminals, allowing users to pay almost anywhere you can swipe or tap your card.

Compatible with Samsung Galaxy S7 and S7 edge, S6 edge+, Note5, Galaxy A5 (2017 and 2016) and A7 (2017 and 2016), Samsung Pay can currently be accessed by Maybank Visa cardholders as part of an exclusive early access programme until Feb 11, 2017.   

Related Stories:
Asia Pacific leads the world in mobile payments: Study
Singapore leads in digital wallet usage
Samsung Pay comes to Malaysia with Maybank
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