Samsung Pay has picked up support for one more financial institution in Brazil. Votorantim Bank (BV) has teamed up with Samsung as the newest member of its mobile payment service. BV joins Sicredi, Banco do Brasil, Santander, and several others on the list of Samsung Pay-supported banks in the country.
Samsung Pay expands its presence in Brazil
Samsung Pay has consolidated its place as one of the world’s leading mobile payment solutions. The service is supported by over a dozen financial institutions in Brazil, with BV being the latest addition. As of now, only Mastercard-branded cards issued by the bank are compatible with Samsung Pay. Support for more card brands should arrive soon.
Customers who have a BV Mastercard, meanwhile, can now make payments with Samsung Pay at various online and offline stores. BV is also offering extra benefits to those who adopt Samsung Pay early. Customers who complete five financial transactions (with each separated by at least 24 hours) from May 13 to May 28 will earn 200 points on Samsung Rewards. The reward points can be redeemed in exchange for products, services, discounts and more directly from the Samsung Pay app.
“The partnership with BV reinforces our commitment to the Brazilian consumer. Samsung Pay is increasingly present in the routine of people, who can safely and easily enjoy their purchases,” said Paulo César do Nascimento, Senior Manager, Samsung Pay Brazil.
