Samsung Pay

A versatile mobile wallet combining contactless and magnetic payment technology for seamless transactions

Overview

Samsung Pay is a digital wallet and mobile payment platform that enables users to make secure payments using Samsung devices It supports both NFC and Magnetic Secure Transmission (MST) allowing payments at almost any terminal even those without contactless functionality Merchants benefit from increased accessibility and support for both modern and legacy POS systems

Key Services / Solutions

Samsung Pay allows users to store debit and credit cards loyalty cards and gift cards within their devices Payments are protected by biometric authentication tokenization and Samsung Knox security platform Samsung Pay also offers rewards programs and integrations with major global banks and card networks

Supported Payment Methods

Samsung Pay supports major global card networks such as Visa Mastercard and American Express and is compatible with select regional schemes and financial institutions

Target Markets / Regions

Samsung Pay is available across key markets in Asia Europe the Middle East and North America with strong adoption in South Korea India and the United States Expansion continues across emerging markets with growing partnerships with banks and fintechs

Strengths / Differentiators

Dual payment technology with NFC and MST compatibility

Wide acceptance even at traditional magnetic stripe terminals

Strong security through Samsung Knox and biometric verification

Global reach with deep local partnerships

Built-in loyalty and rewards features for user engagement

Want to know more about Samsung Pay?
Contact Bizz2Pay today to discuss your requirements or get introduced to the right Samsung Pay team member or Payment Provider accepting Samsung Pay