Samsung’s very own mobile payment service, Samsung Pay, is set to launch in September instead of July. Even if Samsung Wallet ceased operations last June 30, the company wasn’t quick to debut the replacement but rather just the trial service launched in South Korea. The trial service started last July 15 for some customers in the country. This is in preparation for the full service launch happening in a few months. The mobile payment Samsung Pay with Samsung Card is initially available to owners of the latest flagship phones, the Galaxy S6 and Galaxy S6 edge.
Samsung promises a more secure, easier, and faster payment when making purchases. The idea is for the customer to just launch an app from a Samsung device, hold it near a terminal, and authorize payment by touching the fingerprint scanner.
Samsung Pay uses near field communication (NFC) technology and the regular magnetic secure transmission (MST) technology. This means most card readers in most stores in South Korea can accept Samsung Pay. Most point of sale terminals will have no problem accepting payments over the new Samsung Pay.
Setting the Samsung Pay app for your first payment transaction is very easy. It’s up to you if you want to enter a PIN or fingerprint authentication to authoriZe future payments. Enter youR debit or credit card details to register. The app will ask you to take a photo of your card but you can also enter information manually. If you agree to the terms, complete the process by entering the code sent to you via SMS.
When you’re ready to use Samsung Pay, simply launch the app, authorize by entering the PIN or place your finger to be scanned, and then the terminal is now ready to accept your mobile payment.
SOURCE: Samsung Tomorrow
