Samsung Electronics Co. Wednesday announced that Samsung Pay will now support eligible Wells Fargo credit and debit cards. With the addition of Wells Fargo, Samsung Pay now supports eligible credit and debit cards from 70 banks and credit unions, covering over 70 percent of the US credit and debit card market.

"I am delighted to have Wells Fargo on board with Samsung Pay and that our users can now enjoy more choices in debit and credit cards," said Injong Rhee, head of research and development for software and services for Samsung's mobile division. "Samsung Pay is gaining its momentum in customer adoption, and we will continue to expand the list of issuers. I look forward to offering many compelling mobile payment services to our joint customers together with Wells Fargo."

"We are pleased today to announce that Samsung Pay is available for Wells Fargo customers," Jim Smith, head of virtual channels for Wells Fargo, said in a press release. "Innovations like Samsung Pay further our commitment to giving our customers the ability to make payments anytime and anywhere, including from a mobile wallet." 

Samsung said last week that Samsung Pay has some five million registered users who have used the system to make more than $500 million in purchases since the mobile wallet debuted six months ago.