Faizel Patel, Radio Islam News – 21-08-2018

Samsung says its mobile payment service is simpler, safer and you can pay anywhere.

The Korean company officially launched the Samsung Pay mobile payments service at the Sandton Convention Centre on Tuesday.

The service which is now available in 24 markets worldwide, underscores Samsung’s on-going commitment to delivering a secure and convenient mobile wallet experience to consumers globally.

Samsung Pay enables users to make mobile payments almost anywhere using both MST and NFC technology.

The first of its kind in Africa, it offers the ultimate flexible payment solution that features the benefits of both a physical and mobile wallet to make in-store purchases.

Featuring Samsung’s defence-grade Samsung Knox security platform and biometric authentication through iris or fingerprint scanning, users can have peace of mind that their personal payment information is safe. Additionally, tokenization ensures that a user’s actual card information is never exposed during a transaction, making every payment more secure.

Samsung Pay is currently available for Absa and Standard Bank customers with supported Mastercard and Visa payment cards. Avios credit cards, British Airways credit cards, Virgin Money and loyalty cards are also supported.

To start using Samsung Pay, Samsung users should upgrade to the latest software version for their eligible Samsung Galaxy smartphone and simply download the Samsung Pay app from the Google Play store, register or log in to their Samsung account, select a preferred method of verification by fingerprint, iris scan or PIN, scan a debit, credit or cheque card with the camera and verify the card details.

To make payments, users simply launch the Samsung Pay app by swiping up from the home screen or lock screen, authenticate with their iris, fingerprint or PIN, then tap or hold their Samsung device close to the payment terminal.

Because Samsung Pay works on both magnetic secure transmissions (MST) and near-field communication (NFC) point of sales terminals, vendors do not need to change their current point of sale machines to accommodate this technology.

Twitter: @FaizelPatel143