In order for Apple Pay and Samsung Pay customers to use their mobile wallets, they must have a credit card from an issuer which partners with Apple or Samsung respectively.
From May 2019, holders of credit cards from Credit Suisse and the Neuen Aargauer Bank (NAB) will be able to use their cards with Apple Pay and Samsung Pay. The credit cards offered by these banks are issued by Swisscard AECS.
Swisscard added Apple Pay and Samsung Pay support to some of its other credit cards some time ago. These include the no-annual-fee Cashback credit cards, many American Express cards and its cobranded SWISS Miles & More cards.
Credit Suisse and ist subsidiary the Neuen Aargauer Bank are the first larger Swiss banks to add support for Apple Pay and Samsung Pay to their credit cards. UBS, which competes directly with Credit Suisse, has been hesitant in adding Apple Pay support. UBS has been a key player in the promotion of the Swiss Twint mobile wallet which enables direct debits from bank accounts in addition to payments by credit card.
Up until now, Credit Suisse – like all other Swiss banks – has backed Twint as its mobile payment solution. Credit Suisse will continue to provide the Twint service to its customers.
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