Samsung Pay: What you need to know

What is Samsung Pay ?

Samsung Pay is Samsung's mobile payment service. It uses Near Field Communication (NFC) technology to process payments at tap-to-pay terminals. The system also works with almost all other magnetic stripe terminals. These older systems  are widely available throughout retailers in the U.S. Samsung Pay uses Magnetic Secure Transmission (MST) when the phone is  held against one of the these registers. The phone emits a magnetic signal that stimulates the magnetic strip found on the back of the debit or credit card.

 

Samsung Pay is a very easy and convenient app to use. The entire process takes seconds. You don’t have to mess with a wallet, or dig through your purse to find a card; you pull out your phone, swipe, and pay. It’s just as fast as Apple Pay or Android Pay, only you no longer have to figure out if NFC payments are accepted by the retailer. Fore more information about Samsung Pay visit http://www.samsung.com/us/samsung-pay/

Overall Samsung Pay is a great tool for anyone who doesn't want to go through the hassle of paying with a physical debit or credit card.