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What is exactly Samsung Pay?

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(@neobank)
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What is exactly Samsung Pay?

Samsung Pay is a mobile payment system that allows their customers to configure an 'electronic wallet' with credit and debit cards to use them without having to physically carry them, so that these customers can use the smartphone as if it were the credit card itself in any type of establishment with point of sale terminals with NFC1 and MST (Magnetic Secure Transmission) in some countries, which makes it compatible with all contactless and magnetic stripe terminals.

The procedure to use this service is very simple. At the moment of going to pay, the user will only have to slide his finger upwards, leaving the available cards visible (he must previously store them in the application developed for the occasion), choose which one he wants to use and proceed to payment, scanning the user's fingerprint.

The Samsung Pay system works with contactless point of sale terminals, a device that owns most of the current stores, so Samsung Pay can be used in all those stores without any problem.

Please log on to https://www.samsung.com/uk/samsung-pay/ to find out more about Samsung Pay


   
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