Meath-based PFS part of Samsung Pay launch in UK

System allows customers to use contactless payment for transactions over €30

Samsung has teamed up with Meath-based technology firm Prepaid Financial Services (PFS) to launch Samsung Pay in the UK for its branded cards.

Debit cardholders on specific programmes issued and managed by PFS in the UK can now enable Samsung Pay and use contactless wherever the contactless symbol is displayed and Mastercard is accepted.

Samsung Pay allows customers to use contactless payment for transactions over £30 subject to merchant rules.

Each transaction is authenticated by fingerprint, pin number or iris scan, and uses an encrypted digital token to replace sensitive card information to help prevent fraud.

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Additionally, Samsung’s industry-leading Knox security platform is built into the hardware and software of your device, which ensures mobile information and data is secure.