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Australian payments provider brings Samsung Pay to 38 FIs

Australian-based payments provider Cuscal has struck a deal with Samsung to help link 38 financial institutions with Samsung Pay, according to multiple local media reports.

Banks such as Credit Union Australia, Teachers Mutual Bank, People's Choice Credit Union and Bank Australia can now urge customers with the proper Samsung Galaxy devices to add a Visa credit or debit card to Samsung Pay.

Cuscal made the announcement on Thursday, the one-year anniversary of Samsung Pay in Australia. 

"Every partner we bring onboard, whether it be a financial institution or retail brand through our Samsung Pay loyalty functionality, brings us a step closer to helping customers replace their wallets with their Samsung smartphone or smartwatch," Richard Fink, vice president of Samsung Australia's mobile division, said in a statement.