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PostFinance Cards Now Work With Samsung Pay

December 8, 2020 - Benjamin Manz

Credit cards and prepaid cards from Swiss postal bank PostFinance can now be used with Samsung Pay.

PostFinance was long one of the last major Swiss banks to forego partnerships with Samsung Pay and Google Pay.

That has changed: With immediate effect, all PostFinance credit cards and prepaid cards are compatible with Samsung Pay.

PostFinance cites the strengthening of the mobile payment trend due to the coronavirus crisis as its reason for integrating Samsung Pay compatibility into its cards.

According to PostFinance, Apple Pay compatibility will be added in 2021. It is still unclear whether PostFinance will also partner with Google to enable Google Pay compatibility.

Raiffeisen bank also announced that it is integrating Apple Pay and Samsung Pay as from 2021. Once that happens, all major Swiss credit cards and prepaid cards will be usable with Apple Pay and Samsung Pay.

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Benjamin Manz is CEO of moneyland.ch and an independent expert on banking and finance.