Today is a big day for announcements from Samsung, but not all of them have to do with devices. Samsung Pay will be launching in Korea on August 20th, and here in the US on September 28th. It will come pre-loaded on the new Samsung Galaxy Note 5 and Samsung Galaxy S6 Edge Plus. In mid-August a software update will enable Samsung Pay on the Samsung Galaxy S6 and Samsung Galaxy S6 Edge. Some users will be able to try out Samsung Pay in a beta trial starting August 25th.
- SIMPLE: To make a payment on Samsung Pay, users can simply swipe up, scan their fingerprint and pay.
- SAFE: Samsung Pay uses tokenization, Samsung KNOX, and fingerprint authentication to provide secure payments and reduce the security risks inherent to plastic cards.
- VIRTUALLY ANYWHERE: With Magnetic Secure Transmission (MST) and Near Field Communication (NFC) technologies, Samsung Pay works with most existing point-of-sale (POS) terminals. That means it’s the only mobile payment service that works virtually anywhere you can swipe your credit card or debit card.