What is Samsung Pay, how does it work and which banks support it?
This page was translated using AI and machine learning.
(Pocket-lint) – Samsung Pay is similar to Apple Pay and Google Pay. It is a platform for Samsung devices – smartphones and portable devices – that allows you to pay for goods and services by touching your Samsung device near a contactless payment terminal or authorizing payment by online, rather than using cash or credit cards.
Here’s everything you need to know, including which banks are supported and how it works.
What do I need for Samsung Pay?
The Samsung Pay platform is integrated with Samsung Galaxy devices, which include the company’s smartphones and portable devices. You can find the full list of compatible devices below.
To use Samsung Pay, you need to download and install the Samsung Pay app on your compatible phone, register compatible cards and accounts, and the platform will draw directly from these chosen sources during payment.
What devices are compatible with Samsung Pay?
Below is a list of Samsung smartphones that support Samsung Pay.
- Galaxy fold
- Galaxy z flip
- Galaxy S21 FE
- Galaxy S21 Ultra
- Galaxy s21 +
- Galaxy s21
- Galaxy s20
- Galaxy s20 +
- Galaxy S20 Ultra
- Galaxy note 20
- Galaxy note 20 ultra
- Galaxy a70
- Galaxy A71
- Galaxy A51
- Galaxy note 10
- Galaxy note 10+
- Galaxy a70
- Galaxy a80
- Galaxy a30
- Galaxy a50
- Galaxy s10 +
- Galaxy s10
- Galaxy s10e
- Galaxy a70
- Galaxy note 9
- Galaxy s9 +
- Galaxy s9
- Galaxy note 8
- Galaxy s8 +
- Galaxy s8
- Galaxy S7 Edge
- Galaxy s7
- Galaxy s6 edge +
- Galaxy note 5
- Galaxy a8 +
- Galaxy A7 (2017)
- Galaxy A5 (2017)
- Galaxy A5 (2016)
- Galaxy A7 (2016)
- Galaxy a9 pro
- Galaxy j7 pro
Here is the current list of Samsung portable devices that support Samsung Pay:
- Gear S2
- Gear S3
- Sport Equipment
- Galaxy Watch
- Galaxy Watch Active
- Galaxy Watch Active2 40mm
- Galaxy Watch Active2 44mm
- Galaxy3 Watch 42mm
- Galaxy3 Watch 45mm
How does Samsung Pay work?
When using a phone: by swiping up from the bottom of the screen, the Samsung Pay application launches and your default card appears with a message to authenticate a payment with your PIN code, fingerprint or scanner iris on compatible devices. You can also launch Samsung Pay by opening the app.
If a different card is needed, a simple swipe left or right will bring up the others stored in your phone. The last card you used will automatically appear as the default card the next time you open the app, but you can change it in settings.
Once the payment has been biometrically authorized, the phone tells you to press it on the contactless payment reader and bingo, a payment is made via NFC (near field communication).
When using a smartwatch: From any compatible Samsung Galaxy smartwatch screen, press and hold the Back key. The last card used will be displayed and the smartwatch is then ready to make a payment. Press the “Pay” button on the screen to pay and place your wrist in front of the contactless payment reader.
Samsung Pay: more than NFC
Samsung Pay offers more than NFC in some regions – like the United States – by also offering a mobile wallet technology called MST (Magnetic Strip Technology), which it acquired when purchasing LoopPay.
MST allows contactless payment to be made with terminals that do not have NFC readers (mainly outside the UK), opening up many more retailers to payment technology.
It can also send payment information to conventional terminals in stores which have the old-fashioned magnetic strip instead.
A two-step payment process works as follows: LoopPay’s app securely manages and stores all of your payment cards (including credit, debit, loyalty, and gift cards) on a mobile device , while the LoopPay device (LoopPay Fob, ChargeCase, Card or CardCase) processes your payment at checkout as if you swiped your card as usual.
There is no danger of paying twice as the phone will prioritize an NFC signal if it finds one, while MST is passive and will only be used if no other contactless payment signal is found. first.
Which banks are compatible with Samsung Pay?
Here are some of the compatible banks and services supported by Samsung Pay in the United States:
- American Express
- JPMorgan Chase
- Bank of America
- American Bank
- chase away
Click here for a long list of additional suppliers in the United States.
Here are some of the compatible banks and services supported by Samsung Pay in the UK:
- American Express
- Danske Bank
- At national scale
- First direct
- M&S Bank
- Cooperative bank
- Starling bank
- John Lewis Finances
Click here for the full list of UK suppliers.
Accumulate rewards and benefits on all your existing cards with this Curve Mastercard
This awesome system will save you time and effort every time you pay.
What are the payment limits on Samsung Pay?
The payment limit is set by the bank or provider, not Samsung, so it’s different by region – not a fixed maximum of £ 100 per transaction like with contactless cards.
Overall though, you won’t be limited to a specific UK limit just like you aren’t with Apple Pay.
How secure is Samsung Pay?
In terms of security, Samsung Pay details are protected by Knox Real-time Hack Monitoring and Samsung Rooting Prevention, and no card details are stored on a Samsung server or the device on it. -same.
Just like Apple Pay, Samsung Pay uses tokenization. Card payments are secured by creating a number or token that replaces your card information. This token is stored in a secure element chip on your device, and when a payment is initiated, the token is passed to the retailer or merchant. The merchant therefore never has direct access to your card data.
Additionally, Samsung Pay offers ARM TrustZone to further protect transaction information from attacks.
Written by Maggie Tillman. Edited by Luke Baker.