LOUISVILLE, Ky.--(BUSINESS WIRE)--
Republic Bank is now offering clients the ability to use Samsung Pay, in
addition to Apple Pay, to conduct payment transactions with their
Republic Bank consumer credit and debit cards. With Samsung Pay, clients
can easily make purchases in a single touch using compatible Samsung
devices.
As with all Republic Bank products and services, security and privacy is
at the forefront of Samsung Pay. When Republic Bank clients add their
consumer credit or debit card to Samsung Pay, the actual card numbers
are not stored on the device. Instead, using tokenization, a unique and
temporary credit card is created for each transaction use. In addition,
Samsung also eliminates the need for retailers to see customer names,
card numbers or card security codes.
Users will continue to receive all of the rewards and benefits offered
by their Republic Bank MasterCard credit and debit cards, including Zero
Liability Protection.
“We continually look for innovative approaches to make the lives of our
clients easier,” said Michael Sadofsky, Senior Vice President of
Marketing. “We are excited to offer Samsung Pay as an easy, secure
payment solution that allows our clients to bank when, where and how
they want.”
The use of Magnetic Secure Technology that is built into most Samsung
phones allows users to use Samsung Pay at virtually any store. Samsung
Pay will work with the Galaxy S6, S6 edge, S6 edge+, S6 active, Note5,
as well as Galaxy S7 and S7 edge.
For more information on Samsung Pay, please visit http://www.republicbank.com/home/personal/online/mobile/wallet
or samsung.com/us/samsung-pay/.
Republic Bancorp, Inc. (“Republic”) currently has 44 banking centers
and is the parent company of Republic Bank & Trust Company (“RB&T”).
RB&T has 32 banking centers in 12 Kentucky communities - Covington,
Crestwood, Elizabethtown, Florence, Frankfort, Georgetown, Independence,
Lexington, Louisville, Owensboro, Shelbyville and Shepherdsville; three
banking centers in southern Indiana – Floyds Knobs, Jeffersonville and
New Albany; six banking centers in Florida – Largo, Port Richey, St.
Petersburg, Seminole and Temple Terrace; two banking centers in
Tennessee – Cool Springs (Franklin) and Green Hills (Nashville); and one
banking center in Blue Ash (Cincinnati), Ohio. Republic offers internet
banking at www.republicbank.com.
Republic has $4.6 billion in assets and is headquartered in Louisville,
Kentucky. Republic's Class A Common Stock is listed under the symbol
“RBCAA” on the NASDAQ Global Select Market.
Republic Bank. It’s just easier here.®
View source version on businesswire.com: http://www.businesswire.com/news/home/20160719006225/en/
Republic Bank
Michael B. Sadofsky, 502-561-7125
Sr. VP – Chief
Marketing Officer
msadofsky@republicbank.com
Source: Republic Bank