Synchrony Financial's Private-Label Credit Cards Accessible With Samsung Pay

摘要

Synchrony Financial, which provides private-label credit cards in the U.S., announced that the benefits and features available on Synchrony Bank-issued private-label credit cards will be accessible by cardholders through Samsung Pay. Leveraging Magnetic Secure Transmission (MST) and Near Field Communication (NFC) technologies, Samsung Pay is compatible with most existing payment terminals and allows Synchrony Financial's partners and customers to avail themselves of the benefits that its retail cards offer, as well as the security and convenience of mobile payment functionality, according to the company.