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U.S. Bank Customers Will Soon Be Able to Add Their Cards to Android Pay

MINNEAPOLIS--(BUSINESS WIRE)--May 28, 2015-- U.S. Bank has worked with Google to make U.S. Bank cardmembers among the first to have access to Android Pay for credit and debit card transactions when the service launches later this year. This is the latest in a series of innovations from U.S. Bank to make payments simple, more convenient and secure.

“We’re proud to be helping our customers tap into exciting new ways to pay,” said Shailesh Kotwal, vice chairman and head of U.S. Bank Payment Services. “Android Pay gives our customers added value by providing another way to use their U.S. Bank credit and debit cards to pay for purchases with their mobile devices.”

“Mobile payments are a big priority for Google so we've been working with U.S. Bank to help provide a seamless experience across a wide range of phones and stores,” said Pali Bhat, director of product management at Google. “Android Pay will offer people further simplicity, security and choice when paying for things with their Android phones.”

With Android Pay, customers can use their Android phones to make purchases in stores and in apps. It offers a fast, simple and secure way to use a card to buy things in-app or in-store—all without pulling out a physical wallet. It’s a secure, mobile purchasing system that works with Android devices running KitKat (4.4) or higher.

U.S. Bank will announce details about the service later in 2015.

About U.S. Bank
U.S. Bancorp (NYSE: USB), with $410 billion in assets as of March 31, 2015, is the parent company of U.S. Bank National Association, the 5th largest commercial bank in the United States. The Company operates 3,172 banking offices in 25 states and 5,016 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at usbank.com.

Source: U.S. Bank

U.S. Bank Corporate Communications
Teri Charest, 612-303-0732
teri.charest@usbank.com

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding U.S. Bancorp's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.



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