North Shore Trust and Savings is excited to announce that we have partnered with Samsung to offer our debit card holders Samsung Pay®, the latest in mobile payment technology. Samsung Pay® is the most widely accepted digital wallet, compatible with nearly every payment terminal using both magnetic secure transmission (MST) and near-field communication (NFC) to transmit payment information.
To protect your information, Samsung Pay® uses tokenization and fingerprint authorization. Tokenization generates a unique sequence of numbers (instead of transmitting your account information) every time you make a purchase. The “token” is encrypted and eliminates the need for merchants to store your card data on their networks.