Samsung Pay service was launched by Samsung a few days back in New Delhi. It is Simple and Secure for making payments and Samsung Pay can be used to make purchases almost everywhere. With this service, you can save up to nine debit or credit card and one payment wallet. You just need to take your Samsung phone near to the POS machine and payment will be done.
Samsung Pay has integrated Paytm as well as the government’s Unified Payments Interface into the app. A few banks have partnered with Samsung and a few Card Network as well. You can use Visa, MasterCard, American Express, Axis Bank, HDFC Bank, ICICI Bank, SBI Card and Standard Chartered Bank with this service. Also, Citibank India is a forthcoming issuer and its credit cards will be live on Samsung Pay shortly.
Is it secure?
Yes, Samsung Pay is a highly secure platform as it works with three levels of security:
- Fingerprint authentication
- Card tokenization
- Samsung’s defense-grade mobile security platform Samsung KNOX.
How can I pay via Samsung Pay?
In order to pay via Samsung Pay, you need to follow these steps:
- Swipe up on an eligible Samsung Galaxy smartphone( not all Samsung phones support this)
- Select the card, authenticate using a fingerprint or PIN
- Bring the phone near the Point of Sale terminal.
It works with Samsung’s patented Magnetic Secure Transmission (MST) technology as well as with Near Field Communication (NFC).
Samsung Pay India | Demo | How it works? | LatestMobileBuzz
Mr. HC Hong, President and CEO, Samsung Southwest Asia, said, “Samsung Pay is an example of how we continue to push the boundaries of innovations to make life simpler and better for consumers. I am confident Samsung Pay will redefine digital payments and contribute to Digital India.”
As mentioned above, the service also allows users to integrate Paytm accounts into Samsung Pay. You can also pay money via Samsung Gear S3 Smartwatch as well. Yes, Samsung Pay will also be available on Samsung Gear S3 shortly.
Which Samsung smartphones support Samsung Pay?
As of now, it is available on:
- Galaxy S7
- Galaxy S7 edge
- Galaxy Note 5
- Galaxy S6 edge+
- Galaxy A5 (2016)
- Galaxy A7 (2016)
- Galaxy A5 (2017)
- Galaxy A7 (2017).
The service was launched in July 2015 and Samsung Pay is rapidly expanded its service. Samsung Pay is fully available in 12 countries including India, Australia, the US, South Korea, China, Spain, Singapore, Puerto Rico, Brazil, Russia, Thailand and Malaysia.