Tap with no cap with OCBC Titanium Rewards and Samsung Pay

The OCBC Titanium Rewards Card earns you 4 mpd for all mobile payments irrespective of the merchants you perform the transaction with. Mobile payments include Apple Pay, Android Pay and Samsung Pay.

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Most mobile payments utilise Near Field Communication (NFC) technology, whose terminals accept payments of up to S$100 only. Do take note, however, that some NFC terminals have been known to accept payments of above S$100, but this remains an exception to the norm.

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In contrast, Magnetic Secure Transmission (MST) technology allows for transactions of any value, subject to the cardholder’s credit limit. So what exactly is MST? MST is a technology that emits a magnetic signal that mimics the magnetic strip on a traditional payment card. The signal from your smartphone to the payment terminal emulates the swiping of a physical card, and is accepted at nearly all payment terminals with a card reader.

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Given that only Samsung Pay utilises both NFC and MST technologies, the cap of S$100 that is applied to NFC transactions does not apply when you use MST to make payments in excess of S$100. Hence, adding the OCBC Titanium Rewards Card to your Samsung Pay-enabled smartphone will allow you to earn 4 mpd when you use MST for purchases in excess of S$100. Remember, however, that you can only earn 4 mpd from eligible transactions up to a cap of S$12000 per card anniversary.

Many Samsung smartphones currently allow for the use of Samsung Pay, but the most affordable device that uses both NFC and MST is the J7 Pro.

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So go on and tap to your heart’s content and earn 4 mpd when you use your OCBC Titanium Rewards Card with Samsung Pay.

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