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You can now get rewards for using Samsung Pay

The mobile payment service's new incentive program offers points for transactions that you can redeem for gift cards and Samsung products.

Josh Miller/CNET

Samsung Pay is rolling out a rewards system this week for folks who use the electronics giant's mobile payment service, the company announced today.

In the Samsung Rewards program, you'll receive points for every purchase you make using Samsung Pay. You can redeem your points for rewards such as gift cards and Samsung products. Samsung Pay will also place users on tiers (silver, gold and platinum) based on the number of transactions they make each month. Depending on the tier, the value of your points can increase.

Samsung Pay launched a little more than a year ago in the US. It's available on select Galaxy devices and wearables.