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Samsung Pay is adding 14 more banks, will soon support gift cards

Samsung Pay is adding 14 more banks, will soon support gift cards


Discover support is coming next year

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A week after finally picking up support from Verizon, Samsung has announced an expansion of Samsung Pay, its mobile payments solution. Samsung has signed on 14 new banks for Samsung Pay: Chase, PNC Bank, TD Bank, SunTrust, Fifth Third Bank, First Hawaiian, Key Bank, Silicon Valley Bank, Security Service Federal Credit Union, Navy Federal Credit Union, Virginia Credit Union, Associated Bank, Randolph Brooks Federal Credit Union, and People’s United Bank will all support the service "in the coming months" according to Samsung.

Users will soon be able to add gift cards to their Samsung phones, thanks to a partnership with the Blackhawk Network, which operates gift cards for hundreds of companies including Amazon, Macy's, the Home Depot, and Apple. Samsung says support will be available by the end of the year. Samsung Pay will also support Discover cards beginning next year, rounding out the major card networks in the US.

With strong competition from the incumbent Apple Pay, Samsung Pay's continued expansion, and Android Pay ramping up, it looks like the mobile payments race will be run with three strong contenders for the foreseeable future.