Chase Pay can now be linked to Samsung Pay For Mobile Payments

Samsung announced today that it is combining with Chase, and now its customers can link Chase Pay to Samsung Pay to pay with their Samsung smartphone using NFC or MST technology. Now, this may sound a little strange, but basically what you are able to do is combine two wallets into one. Thus, you will only need to use the Samsung Pay app instead of using Chase Pay. But it also means that you can use Chase Pay cards with MST instead of NFC, for the few merchants who do not have NFC terminals yet. The Chase Pay app was already compatible with millions of merchants in the United States and now the network is even bigger.

Samsung Pay is currently available from virtually all merchants in the United States because it uses MST technology. MST or Magnetic Secure Transmission is the same technology that a credit card or physical debit card uses. Which by default means that any merchant who takes cards, also take Samsung Pay. This makes Samsung Pay the most widely accepted mobile payment product in the United States. Samsung Pay launched a few years ago and has been working hard to get more banks online, since it already has almost all merchants. And now there is Chase available, which is a big problem because it is one of the largest banks in the country.

Consumers who link Chase Pay to Samsung Pay will earn Samsung Rewards points and Chase Ultimate. Reward points, so that you can basically double dip, depending on what you buy. Consumers will also benefit from Chase Pay's point payment feature, where customers can redeem Chase Ultimate Rewards points for a statement credit. For starters, you will need a Samsung flagship smartphone and the Samsung Pay app. From there you can jump into the Samsung Pay app and connect the two together, it's rather simple to do.