The CBA-owned bank has joined 70 other brands available through Samsung Pay.
Samsung reported the partnership has come as it has seen growth in digital payments. The technology provider has seen the number of monthly active users of its payment offering grow by 16 per cent from the start of the year, with the number of monthly transactions up by 35 per cent.
Bankwest general manager of everyday banking Louise Tovey commented: “Australians are using their smart devices more than ever, with customers wanting choices that allow them to transact and do their banking in their own time and in their own way.”
Samsung Electronics Australia head of product and services Mark Hodgson added: “Demand for digital wallet solutions and contactless payments [has] grown strongly this year and we [see] this trend continuing as more people understand the convenience, secure authentication methods, as well as peace of mind that comes with removing the need to physically touch a terminal.”
The partnership has followed the launch of a slew of new devices to be rolled out by Samsung.
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
Sarah has a dual bachelor's degree in science and journalism from the University of Queensland.