MILWAUKEE, Nov. 7, 2017 /PRNewswire/ — HSA Bank®, a analysis of Webster Bank, N.A., today appear the absolution of Samsung Pay® for its bloom annual debit agenda users. HSA Coffer is appreciative to be one of the aboriginal in the consumer-directed healthcare industry to action a adaptable acquittal band-aid for multi-account debit cards, which accommodate Bloom Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), and Bloom Reimbursement Arrangements (HRAs). With this new offering, associates will be able to pay for IRS-qualified medical costs both in-store and online through in-app purchases application their adaptable wallet. The adaptable acquittal bazaar is growing rapidly with the cardinal of OEM-Pay users accepted to admission from 75 actor in 2016 to 144 actor by the end of 2017, according to Juniper Research.
“HSA Coffer is committed to accouterment our two actor associates with defended and acceptable acquittal options,” said Chad Wilkins, controlling carnality admiral of Webster Coffer and arch of HSA Bank. “The accession of this alms will enhance the affiliate acquaintance and action our associates adaptability with how they pay for IRS-qualified medical expenses, abnormally at point-of-sale locations that accomplish up a cogent allocation of our transaction volume.”
Providing best-in-class aegis is a top antecedence for HSA Bank. Back associates use their debit agenda with Samsung Pay, the absolute agenda numbers are never aggregate with merchants or stored on the device, and a accountant will never see a member’s agenda cardinal or aegis code. For added protection, above-mentioned to authoritative a transaction, associates either admission their passcode or browse their fingerprint to accredit the transaction. Samsung Pay users additionally accept the best to use iris scanning.
The new adaptable acquittal affection expands on members’ accepted adeptness to administer a advanced arrangement of key affairs – all from the accessibility of their smartphone. For example, back associates appointment the pharmacy, they can use their HSA Coffer adaptable app, powered by WEX Bloom technology, to analysis their balance, contempo transactions, and a annual of IRS-qualified medical expenses. Once associates affirm that they accept abundant funds and that the decree is on the accustomed costs list, they can use their accessory to pay with HSA funds through their adaptable wallet, after their concrete debit agenda on hand. And for added accord of mind, Samsung Pay users will be able to pay about anywhere you can bash or tap a card.
With mobile, online, cardboard check, and ATM access, HSA Coffer continues to accompany a aggressive advantage to its associates by alms the best options to admission their bloom annual dollars.
HSA Coffer associates can additionally pay for HSA, FSA, and HRA purchases with adaptable payments through added devices.
About HSA BankHSA Coffer is a trusted baton in consumer-directed healthcare (CDH), absorption on Bloom Savings Accounts (HSAs) for over two decades and confined as both the coffer and administrator. Ascertain how we can abutment your allowances action with our absolute account-based bloom account solutions that accommodate HSAs, Flexible Spending Accounts (FSAs), Bloom Reimbursement Arrangements (HRAs), and Commuter Benefits. With a acceptability for outstanding account and anticipation administration in the CDH space, we action one belvedere and one aperture for all of our members. HSA Coffer inspires over 2 actor associates and added than 35,000 employer groups to own their bloom by authoritative it accessible to access, understand, and allow healthcare. HSA Coffer has $6 billion in assets beneath administration with about $5 billion in HSA deposits and over $1 billion in advance assets, and is a analysis of Webster Bank, N.A., Affiliate FDIC.
About Samsung PaySamsung Pay, a adaptable acquittal account from Samsung Electronics, is simple, safe, and accessible about anywhere you can bash or tap your card. Combining NFC with Samsung’s proprietary MST technologies, Samsung Pay provides consumers a way to pay about anywhere you can bash or tap a agenda at millions of merchant locations. Samsung continues to strategically aggrandize its affiliation ecosystem for Samsung Pay to accommodate greater flexibility, access, and best for barter while enabling an accessible and safe acquittal experience. Appointment samsung.com/pay to apprentice more.
About Samsung Electronics America, Inc.Headquartered in Ridgefield Park, N.J., Samsung Electronics America, Inc. (SEA) is a accustomed avant-garde baton in chump electronics, adaptable accessories and action solutions. A wholly endemic accessory of Samsung Electronics Co., Ltd., SEA is blame above the banned of today’s technology and accouterment consumers and organizations with a portfolio of groundbreaking articles in appliances, home entertainment, Internet of Things, adaptable computing, smartphones, basic reality, wireless basement and wearables, in accession to alms arch agreeable and casework accompanying to adaptable payments, 360-degree VR video, chump abutment and more. Samsung is a beat baton in smartphones and HDTVs in the U.S. and one of America’s fastest growing home apparatus brands. To ascertain added about Samsung, amuse appointment www.samsung.com. For the latest Samsung news, amuse appointment news.samsung.com/us and chase us @SamsungNewsUS.
About Samsung Electronics Co., Ltd.Samsung inspires the apple and shapes the approaching with transformative account and technologies. The aggregation is redefining the worlds of TVs, smartphones, wearable devices, tablets, agenda appliances, arrangement systems, and memory, arrangement LSI, branch and LED solutions. For the latest news, amuse appointment the Samsung Newsroom at http://news.samsung.com.
About WEX HealthWEX Bloom simplifies the business of healthcare through WEX Bloom Cloud, a cloud-based healthcare banking administration belvedere for administering healthcare benefits. Apprentice added at www.wexhealthinc.com.
Media Contact: Alice Ferreira (203) 578-2610 [email protected]
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