samsung pay

Samsung Pay is a mobile payment and digital wallet service by Samsung that lets users make payments using compatible phones and other Samsung-produced devices. It works with a variety of contactless payment terminals, including NFC, magnetic stripe, and chip-based systems. For check-out devices which use Magnetic Secure Transmission, a device equipped for Samsung Pay simulates the signal produced by a card using that technology, making it so Samsung Pay can work “virtualy anywhere you can swipe your card.”

The service was launched in South Korea on August 20th, 2015 and in the United States on September 28th of the same year. In the 2016 International Consumer Electronics Show (CES 2016), the telecommunications company announced that Samsung Pay will be available in Australia, Brazil, Spain and Singapore

October 9th, 2017

Startup Circle opens source project CENTRE that is based on blockchain technology and will be aimed to connect different digital wallets.

September 11th, 2017

The new account-based ticketing system will also be extended to mobile payment modes, such as Apple Pay, Android Pay and Samsung Pay, from the first quarter of next year under the Mastercard trial, the Land Transport Authority said on Monday, September 11.

September 8th, 2017

Bendigo Bank of Australia and Indian YES Bank bring Samsung Pay, a mobile payment and digital wallet service by Samsung, to its customers, giving them greater choice and the flexibility they’re looking for.

August 1st, 2017

The State Bank of India (SBI) and Samsung India unveiled on Tuesday that users of SBI debit cards will now be able to conduct payments using Samsung Pay.

May 26th, 2017

The mobile payment platform will become available in Canada by the end of the month, following the launch of the service in Russia this week.

May 23rd, 2017

According to Jennifer Bailey, head of Apple’s payment arm, the users of the app can make limitless mobile payments at the majority of vendors around the country.

May 17th, 2017

Samsung Pay becomes available for customers in the UK starting May 16, two years after the service was first introduced in 2015.

March 30th, 2017

Later this year, Samsung Pay will be available at hundreds of thousands of merchants around the world where Visa Checkout is accepted.

March 22nd, 2017

LG must have solved the problems it encounted during testing in 2016 and is preparing to launch LG Pay in June.

March 16th, 2017

The new Galaxy S8 may become the first device to use facial-recognition technology for mobile payments verification.