A New Way to Shop and Spend with Samsung Pay Cash

Many of us are turning to our smartphones to manage their most important daily tasks. Now more than ever, more financial to-dos can be handled easily by activating Samsung Pay Cash in the Samsung Pay app.

Samsung Pay Cash² is an easy way to manage your budget and keep your money within Samsung Pay like cash in your wallet.

Like Samsung Pay, Samsung Pay Cash works anywhere Samsung Pay and Mastercard is accepted for contactless payments and magnetic stripe cards, which makes it among the most convenient forms of payment on the market. And it’s secure. Samsung Pay can only be opened by you and it’s protected by the defense-grade security of Samsung Knox and Mastercard token services, which enables you to store and use your card without exposing the 16-digit card number. It is the latest in Samsung’s mission to provide experiences that make people’s lives easier.

“We envision a future in which people can leave their cash and cards at home, take care of everyday financial matters easily, and earn rewards all along the way,” said Sang W. Ahn, Vice President and Division Head, Content & Services, Samsung Electronics America. “Shopping is fun, and Samsung Pay Cash is one way we can help empower people to be knowledgeable about where their money is going.”

Spending – and saving – made easy

Shop Where You Want: Unlike a gift card, Samsung Pay Cash can be used anywhere Samsung Pay and Mastercard are accepted – including with e-commerce retailers. And when you use Samsung Pay Cash to shop, you earn Samsung Rewards points; points can be redeemed for Samsung products, instant win prizes, and more.

Stick to your budget: Load the week’s grocery money onto the card and shop worry-free or add money each week for an easy way to manage your budget. Samsung Pay makes it easy to top up the card from a debit card, credit card, or bank transfer. Funds never expire, and there’s no fee for inactivity.

For a limited time, when you complete your registration for Samsung Pay Cash, Samsung will automatically give you a $5.00 credit in your Samsung Pay Cash account, so you can start using it right away.³

Samsung Pay Cash4 is created in collaboration with Mastercard and Netspend, a leading provider of prepaid cards and consumer payment solutions.”

Author: Yash Hirani

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