Samsung Also Unveils their New Mobile Payment System: Samsung Pay

[dgstorm]

Samsung focused on universal acceptance with their new mobile payment service called Samsung Pay. It uses a mixture of NFC and Samsung's new technology to make their mobile payment system available at more retailers than any other smartphone. It can already be used in over 10 million locations worldwide because the LoopPay technology built into the Galaxy S6 and S6 Edge use the existing magnetic stripe swipe technology that is already available at retailers.

Samsung just put Apple and Google on notice by trumping both of them in the mobile payment arena.

 

[pc747]

This is when Google call Samsung up to repay the favor, you know the one where Google bought Moto for the patents and signed an open share deal to help Samsung with their fight against Apple.

 

[PereDroid]

I don't get how this will work with traditional card readers. Nothing I've seen explains it at all. How do you "swipe" your phone?

 

[dgstorm]

For now, only the Galaxy S6 & S6 Edge will have Samsung's LoopPay technology built in. You will simply activate your app on your phone and then hold the device over/next to, the magnetic card reader.

 

[marquaviousforce]

I don't get how this will work with traditional card readers. Nothing I've seen explains it at all. How do you "swipe" your phone?

You dont swipe your phone you tap it on the card reader machine

 

[PereDroid]

Yes, I've since figured that out. Welcome to the forums?!?!

 

[chelsea_darbo]

Nice but came East Africa

 

[pc747]

Year and a half later and still the best mobile payment app. Kudos to Sammy.

 

[jstafford1]

Wish i could use it but my bank isnt supported grrrrr

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[droidprincess]

I LOVE Samsung Pay!!

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