First Data Strengthens Digital Wallet Leadership with Support of Samsung Pay

Leading Commerce Enabler Powers Mobile Wallet Point-of-Sale
Transactions

First Data’s STAR® Network Accepts Samsung
Pay

ATLANTA–(BUSINESS WIRE)–First Data
Corporation
, a global leader in commerce-enabling technology and
solutions, continues to build its digital wallet leadership as it
supports Samsung Pay, now available for in-store use in the United
States. Samsung Pay will be accepted across First Data’s point-of-sale
devices, including the innovative Clover® family of business
management solutions. First Data’s STAR® Network, the largest
independent debit network, will also support Samsung Pay.

Recognized as a leading mobile payments provider, First Data is a
critical partner in the payments ecosystem as new technologies, like
Samsung Pay, are introduced. Mobile commerce is growing rapidly and
First Data is uniquely positioned to help clients meet evolving consumer
demands for omni-channel commerce. STAR provides payment support for all
channels, devices and cardholder verification methods.

“First Data continues to lead the way in enabling mobile commerce
globally,” said Barry McCarthy, Executive Vice President and Head of
Network and Security Solutions at First Data. “With the launch of
Samsung Pay, we are extending our innovative technology to ensure that,
as consumers increasingly move to digital payments, First Data can
enable any card in any digital wallet.”

By leveraging a new proprietary technology called Magnetic Secure
Transmission (MST) along with Near Field Communication (NFC), Samsung
Pay is compatible with most existing payment terminals where you can tap
or swipe your card. Samsung Pay is now available on the Galaxy S6 edge+,
Galaxy Note5, Galaxy 6 edge and Galaxy S6 smartphones. Consumers simply
launch the Samsung Pay app and scan their fingerprint to authorize the
payment.

“First Data is a valued partner to help Samsung bring mobile payment
from every-once-in-a-while to almost anywhere,” said Injong Rhee, EVP of
Samsung Electronics, Global Head of Samsung Pay. “With Samsung Pay,
customers can shop like it’s yesterday and pay like it’s tomorrow. They
can use the only mobile payment option that works almost anywhere you
can swipe or tap your card today.”

About First Data

First Data is a global leader in commerce-enabling technology and
solutions, serving approximately six million business locations and
4,000 financial institutions in 118 countries around the world. The
company’s 23,000 owner-associates are dedicated to helping companies,
from start-ups to the world’s largest corporations, conduct commerce
every day by securing and processing more than 2,300 transactions per
second and $1.9 trillion per year.

About Samsung Pay

Samsung Pay is simple, safe and available almost anywhere you can swipe
or tap your card mobile payment service from Samsung Electronics.
Combining NFC with Samsung’s proprietary MST technologies, Samsung Pay
provides consumers a way to pay nearly anywhere you can swipe or tap a
card at millions of merchant locations worldwide. Samsung continues to
strategically expand its partnership ecosystem for Samsung Pay to
provide greater flexibility, access, and choice for customers while
enabling an easy and safe payment experience. Visit www.samsung.com/pay
to learn more.

About Samsung Electronics America, Inc.

Headquartered in Ridgefield Park, NJ, Samsung Electronics America, Inc.
(SEA), is a recognized innovation leader in consumer electronics design
and technology. A wholly owned subsidiary of Samsung Electronics Co.,
Ltd., SEA delivers a broad range of digital consumer electronics, IT and
home appliance products. Samsung is the market leader for HDTVs in the
U.S and America’s fastest growing home appliance brands. To discover
more of the award-winning products you love with Samsung, please visit www.samsung.com.

About Samsung Electronics Co., Ltd.

Samsung Electronics Co., Ltd. inspires the world and shapes the future
with transformative ideas and technologies, redefining the worlds of
TVs, smartphones, wearable devices, tablets, cameras, digital
appliances, printers, medical equipment, network systems, and
semiconductor and LED solutions. We are also leading in the Internet of
Things space through, among others, our Smart Home and Digital Health
initiatives. We employ 319,000 people across 84 countries with annual
sales of US $196 billion. To discover more, please visit our official
website at www.samsung.com and
our official blog at global.samsungtomorrow.com.

Contacts

Cindi Kurczewski, First Data
404-890-2428
Cynthia.kurczewski@firstdata.com
or
Shruti
Sehgal, Samsung / BerlinRosen
646-452-5637
samsung@berlinrosen.com