Samsung Pay

Samsung Pay
Developer(s) Samsung
Operating system Android
License Proprietary
Website samsung.com/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.[1] 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".[1]

The service was launched in South Korea on August 20, 2015 and in the United States on September 28 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.[2]

History

Release dates
Date Support for payment cards issued in
August 20, 2015 South Korea
September 25, 2015 United States[3]
March 2016 China
2016 (Expected) United Kingdom
2016 (Expected) Australia
2016 (Expected) Brazil
2016 (Expected) Malaysia[4]
2016 (Expected) Singapore
2016 (Expected) Spain
2016 (Expected) Canada[5]
2016 (Expected) Russia

External links

See also

References

  1. 1 2 Savvides, Lexy (September 28, 2015). "Samsung Pay: What you need to know". CNET. Retrieved January 26, 2016.
  2. ↑ http://www.digitaltrends.com/mobile/samsung-pay-news/
  3. ↑ http://www.theverge.com/2015/9/28/9408749/samsung-pay-united-states-launch
  4. ↑ http://www.soyacincau.com/2016/02/01/samsung-pay-is-coming-to-southeast-asia-this-year/
  5. ↑ http://www.digitaltrends.com/mobile/samsung-pay-news/


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