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[Yugocean]

Samsung Pay is mobile payment and digital wallet process developed by Samsung Electronics in August 20, 2015 after acquiring a crowdfunded startup company "LoopPay" in February 2015.

This service can be used only on Android OS with Selected Samsung devices such as Glaxy smartphones and Gear/ glaxy smartwatches. The service supports both NFC-based mobile payment systems and magnetic stripes. In smartwatches Samsung Pay simply support NFC system. Samsung Pay support only devices with Knox warranty.

Samsung Pay's mobile payment service have different features from country to country. For example, in South Korea, Samsung Pay can be used to withdraw money from ATMs of selected Banks. In India it can be used for government provided payment system to pay bills.

Samsung Pay is multinational company and is still growing.

Con - Samsung Pay's security was flawed in 2016 by Salvador Mendoza, a well known Security researcher.

 

[Treasure_lass]

Samsung has a wallet too?hmmm interesting

 

[Bushbaby7]

I didn't know Samsung had a payment processor! Even huge tech giants are busy diversifying their income streams LOL?? It does sound very interesting and seems to do a bit more than most payment processors. My only gripe is that it's a restrictive - why couldn't they just roll it out to include iOS devices as well? It doesn't make any sense to me.

 

[Yugocean]

I didn't know Samsung had a payment processor! Even huge tech giants are busy diversifying their income streams LOL?? It does sound very interesting and seems to do a bit more than most payment processors. My only gripe is that it's a restrictive - why couldn't they just roll it out to include iOS devices as well? It doesn't make any sense to me.

Yes Samsung also have a payment service, it is since 2015. Most of the people are not aware. But that is no Big deal, even PayPal was actually owned by EBay, now since 2015, it is a public company. Samsung Pay is still owned by Samsung Electronics, it is available with Samsung market.

 

[Yugocean]

I am a Samsung user. yes Samsung has this feature. but actually the most prominent thing that Samsung is so simple and easy to be used. the interface is very simple. but now more complete with NFC and Samsung pay

You are from Indonesia, did Samsung Pay started supporting Indonesia? According to the website, Samsung pay is not available there.
Do you actually use it?