Samsung Pay is a mobile payment system from Samsung that can be used point-of-sale locations across the globe. The system uses both NFC (much like Apple Pay) but can also emulate a credit card for older POS systems as well. Samsung Pay — an alternative to Android Pay — works with the latest Samsung devices, including the Galaxy S6, S6 Edge, S6 edge+, and Note 5.
Each phone includes the requisite hardware to work with magnetic card readers — simply hold the phone next to the card reader with your finger on the fingerprint scanner and it will run through the magnetic stripe sequence. The card reader won't know the difference. And each payment is processed with a tokenized card number, a one-time use card number that will protect your account should a retailer's systems be compromised.
Jedi mind tricks
10 March 2015
Magnetic Secure Transaction tech is very cool, and baked into every Galaxy S6 and Galaxy S6 edge...
14 August 2015
After initially teasing the launch of Samsung Pay back at MWC in March, Samsung finally unveiled the working technology and a launch date in conjunction with the announcement of the Galaxy Note 5 and Galaxy S6 edge+. We were on-hand at the NYC event to try Samsung Pay for ourselves in a demo setting — here's how it works.
Two ways to pay
24 September 2015
Well this is all pretty confusing, isn't it? If you have a Samsung phone in the U.S. chances are you have two new apps on your phone — Android Pay, and Samsung Pay. We're here to clarify the situation, explain the differences between these two payment platforms and help you choose which one to use and care about.
27 May 2016
A new report claims that Samsung Mini Pay, an online-only version of Samsung's recently launched payment system, will launch in June in South Korea.