Here comes the third digital wallet: Samsung Pay


News published on Tuesday, October 6, 2015


At this pace, we may end choosing our smartphone on the basis of the payment solution it offers. Here's the latest: Samsung Pay.

Google has inaugurated the online digital wallet market 4 years ago with Google Wallet. Apple developed its own integrated mobile payment solution, with the ability to use it in actual stores too. That's Apple Pay and it was launched in the US almost a year ago, in October 2014. Then came Android Pay, an enhanced version of the Google Wallet, on September 10. This was a few steps ahead Samsung and its Samsung Pay, launched in South Korea last August and a week ago in the US, after a month of beta trial. Samsung Pay is designed to operate on Galaxy S6, Galaxy S6 Edge, Galaxy S6 Edge+ and Galaxy Note5 devices.

Just like its competitors, this makes purchases really easy. Just launch the Samsung Pay app, hold the phone close to the credit card terminal and confirm the transaction with your fingerprint or a PIN code. The company claims that, using both Near Field Communication (NFC) and Magnetic Secure Transmission (MST) technologies, its incredibly secure and it enables the digital wallet to be used with most point-of-sale terminals worldwide, "in more stores than any other mobile payment service". However, Samsung has agreements with only a few partners for now, including American Express, Bank of America and Citi. But it's just the beginning.

*Photo: Samsung

News written by the team of Stores-Locator.com Stores-Locator.com

News in the same category

LinkNYC provides free Wi-Fi to New Yorkers

News published on 01/18/2016

LinkNYC provides free Wi-Fi to New Yorkers

Operational phase has begun for LinkNYC project: its first two free Wi-Fi hotspots have been unveiled last week. 7,500 more should be installed within the next twelve years.

Your mayonnaise to the very last drop

News published on 07/07/2015

Your mayonnaise to the very last drop

We've all been there: shaking the mayonnaise or ketchup bottle to get what's left in the bottom without much success. This will soon belong to the past, thanks to LiquiGlide.

Mattel’s new doll, nicknamed “Stasi Barbie”

News published on 03/10/2015

Mattel’s new doll, nicknamed “Stasi Barbie”

Recently presented in Germany, the prototype of the future Hello Barbie is already controversial. Nicknamed “Stasi Barbie”, Mattel’s new connected doll could soon know more about children than their own parents.

Moleskine: when old-school is in line with digital technology

News published on 04/22/2015

Moleskine: when old-school is in line with digital technology

Reborn in 1997, the mythical French notebooks have since regained their fame and success above all expectations. They're now competing with new technologies and chose to be a partner rather than an opponent.

Here comes the third digital wallet: Samsung Pay