Republic Bank is now offering clients the ability to use Samsung Pay, in addition to Apple Pay, to conduct payment transactions with their Republic Bank consumer credit and debit cards. With Samsung Pay, clients can easily make purchases in a single touch using compatible Samsung devices.

As with all Republic Bank products and services, security and privacy is at the forefront of Samsung Pay. When Republic Bank clients add their consumer credit or debit card to Samsung Pay, the actual card numbers are not stored on the device. Instead, using tokenization, a unique and temporary credit card is created for each transaction use. In addition, Samsung also eliminates the need for retailers to see customer names, card numbers or card security codes.

Users will continue to receive all of the rewards and benefits offered by their Republic Bank MasterCard credit and debit cards, including Zero Liability Protection.

“We continually look for innovative approaches to make the lives of our clients easier,” said Michael Sadofsky, Senior Vice President of Marketing. “We are excited to offer Samsung Pay as an easy, secure payment solution that allows our clients to bank when, where and how they want.”

The use of Magnetic Secure Technology that is built into most Samsung phones allows users to use Samsung Pay at virtually any store. Samsung Pay will work with the Galaxy S6, S6 edge, S6 edge+, S6 active, Note5, as well as Galaxy S7 and S7 edge.

For more information on Samsung Pay, please visit http://www.republicbank.com/home/personal/online/mobile/wallet or samsung.com/us/samsung-pay/.

Republic Bancorp, Inc. (“Republic”) currently has 44 banking centers and is the parent company of Republic Bank & Trust Company (“RB&T”). RB&T has 32 banking centers in 12 Kentucky communities - Covington, Crestwood, Elizabethtown, Florence, Frankfort, Georgetown, Independence, Lexington, Louisville, Owensboro, Shelbyville and Shepherdsville; three banking centers in southern Indiana – Floyds Knobs, Jeffersonville and New Albany; six banking centers in Florida – Largo, Port Richey, St. Petersburg, Seminole and Temple Terrace; two banking centers in Tennessee – Cool Springs (Franklin) and Green Hills (Nashville); and one banking center in Blue Ash (Cincinnati), Ohio. Republic offers internet banking at www.republicbank.com. Republic has $4.6 billion in assets and is headquartered in Louisville, Kentucky. Republic's Class A Common Stock is listed under the symbol “RBCAA” on the NASDAQ Global Select Market.

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