Radius Bank Launches Samsung Pay and Android Pay

BOSTON, MA--(Marketwired - September 27, 2016) - Radius Bank, a full-service bank with an industry-leading virtual banking platform, today announced that it has added Samsung Pay and Android Pay to its mobile payment options. Radius Bank debit card holders can now add their card to any eligible device to make purchases anywhere Samsung Pay and Android Pay are accepted.

"We strive to give consumers the ability to bank on their terms, and will continue to deliver secure, best-in-class technology and virtual services that make their lives easier," said Radius Bank CEO, Michael A. Butler. "The additions of Samsung Pay and Android Pay are reflections of that commitment and we look forward to the added value they will provide to our client base."

Samsung Pay and Android Pay are the newest additions to the Bank's mobile payments product suite, which includes Radius Pay a Friend, an innovative, real-time person-to-person payments (P2P) service that launched in January 2016 and Apple Pay, which the Bank enabled in October 2015. Radius has been a leader in mobile payments since launching its Radius Pay app powered by LevelUp in June 2013.

Radius Bank has developed a reputation for being a forward-thinking bank that builds strong relationships with its strategic partners, which include firms like Aspiration and Gradifi.

"We are excited to welcome an innovative bank like Radius Bank to the Samsung Pay platform and we look forward to our services providing value to their clients," said Will Graylin, Global Co-GM of Samsung Pay.

To learn more about the Bank's mobile wallet offerings, visit www.radiusbank.com/mobile-wallet.

About Radius Bank

With assets of approximately $835 million as of June 30, 2016, Radius Bank is a forward-thinking community bank offering a full complement of convenient, leading-edge personal and business products and services. The Bank serves consumers, small and middle market businesses, unions, government entities and non-profit organizations as its core clients. The Bank offers anytime/anywhere banking via mobile device, 24-hour ATM service, provides additional services such as treasury management capabilities, and partners with innovative organizations including mobile payments leader LevelUp, student loan debt reduction company Gradifi, online investment firm Aspiration, and online marketplace lender Prosper. Customers can readily access traditional, personalized branch banking at the Bank's Boston, MA financial center. Radius Bank is a member of the Federal Deposit Insurance Corporation and is an Equal Housing/Equal Opportunity Lender. For further information, visit the Bank's website at www.radiusbank.com.