Samsung Pay Announces ‘Samsung Rewards’ Program, First-of-its-Kind Incentives System for a Digital Wallet

NEW YORK--(BUSINESS WIRE)--Samsung Electronics America, Inc.:

WHO:	Samsung Electronics America, Inc.
WHAT:	Continuing to drive innovation in the digital wallet experience, the Samsung Pay service today announced a first-of-its-kind incentives program for a mobile payments platform in the U.S.: the “Samsung Rewards” program, coming this week to Samsung Pay.*   For every transaction users conduct with Samsung Pay, enrollees in Samsung Rewards will earn points, which can eventually be redeemed for a variety of items, including gift cards to some of nation’s most popular retailers, prepaid Samsung Rewards Visa® gift cards, Samsung products and more.   After a certain number of monthly transactions, enrollees will achieve different status tiers for that month to multiply the points they receive. Five transactions in one month, for example, will give a user “Silver” status and twice the points for every transaction they conduct using Samsung Pay. 20 monthly transactions awards a user “Gold” status, resulting in triple points, and 30 monthly Samsung Pay transactions puts a user in the “Platinum” tier where they earn quadruple points.   In addition, the program will award select active enrollees with “Instant Win” prizes, starting with a trip for two to Napa Valley, with new prizes rotating regularly.**   Users will be able to track their points and rewards status, browse offers, and redeem their points directly within the Samsung Pay app and eventually via Samsung.com. ***
WHY:	Samsung Rewards represents Samsung Pay’s latest innovation to push the service beyond just credit or debit cards and provide enhanced features and functions to make it a holistic digital wallet.
ABOUT:	Samsung Pay Now Offers Even More “Rewarding” Digital Wallet Experience   For more information on the Samsung Rewards program, visit http://www.samsung.com/us/samsung-pay/rewards/terms-and-conditions   *Samsung Rewards program is subject to enrollment and terms and conditions. For more information, please visit http://www.samsung.com/us/samsung-pay/rewards/terms-and-conditions   **Entry required. Samsung’s “Instant Win” program is subject to terms and conditions which will be available once the program launches.   ***Visit www.samsung.com/pay for the list of partners that support Samsung Pay.   About Samsung Pay Samsung Pay, a mobile payment service from Samsung Electronics, is simple, safe and available almost anywhere you can swipe or tap your card**. Combining NFC with Samsung’s proprietary MST technologies, Samsung Pay provides consumers a way to pay almost anywhere you can swipe or tap a card at millions of merchant locations. Samsung continues to strategically expand its partnership ecosystem for Samsung Pay to provide greater flexibility, access, and choice for customers while enabling an easy and safe payment experience.   Samsung Pay is currently available in the United States on select Galaxy devices and wearables, including the Galaxy S7 and S7 edge, S6 edge+, Note5, the Gear S2 and the Gear S3.   About Samsung Electronics America, Inc. Headquartered in Ridgefield Park, N.J., Samsung Electronics America, Inc. (SEA) is a recognized innovative leader in consumer electronics, mobile devices and enterprise solutions. A wholly owned subsidiary of Samsung Electronics Co. Ltd., SEA is pushing beyond the limits of today’s technology and providing consumers and organizations with a portfolio of groundbreaking products in appliances, home entertainment, Internet of Things, mobile computing, smartphones, virtual reality, wireless infrastructure and wearables, in addition to offering leading content and services related to mobile payments, 360-degree VR video, customer support and more. Samsung is a pioneering leader in smartphones and HDTVs in the U.S. and one of America’s fastest growing home appliance brands. To discover more about Samsung, please visit www.samsung.com. For the latest Samsung news, please visit news.samsung.com/us and follow us @SamsungNewsUS.   About Samsung Electronics Co., Ltd. Samsung Electronics Co., Ltd. inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, cameras, digital appliances, medical equipment, network systems, and semiconductor and LED solutions. For the latest news, please visit Samsung Newsroom at http://news.samsung.com.
CONTACT:	Shruti Sehgal BerlinRosen Public Affairs 646-452-5637 [e-mail]