Samsung Pay is available starting today in the U.S.-with a few caveats thrown in. The experience of using Samsung Pay is a lot like that of Apple Pay. Hence, users can use Samsung Pay at any credit card swipe terminal in the United States. According to the official promo details, this applies for Galaxy S6, Galaxy S6 Edge, Galaxy Note 5, and Galaxy S6 Edge Plus.
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Updated devices will prompt Reactivation Lock that lets you use your Samsung account from activating your device if ever if it’s ever lost or stolen. But launching a successful mobile-payments platform in the U.S.is easier said than done – just ask Apple.
“TSYS is a valued partner to help Samsung bring mobile payment from every-once-in-a-while to almost anywhere”, said Injong Rhee, EVP of Samsung Electronics, Global Head of Samsung Pay.
What’s more, if you lose your phone, you don’t have to worry about someone using your credit card, because your card number isn’t stored on your handset. This may be another one of Samsung’s plan get more users, particularly aimed at luring Apple loyalists to switch allegiance. Samsung Pay may fulfill this promise better than any provider yet. It combines the NFC technology used in Apple Pay with magnetic secure transmission (MST), which makes your phone work at old school card stripe readers, and newer ones made for chip cards.
This year’s Galaxy S6 Edge proved to be very popular among customers, which prompted Samsung to release a phablet-sized version of the device dubbed the Galaxy S6 Edge+.
Furthermore, Citi, Bank of America and US Bank are the banks that support Samsung Pay.
With a double-tap of the home button, the phone HDR photo-mode is engaged, enabling you to capture more hyper-real and highly-saturated pictures off the bat. The payments platform, based on technology acquired from LoopPay, gives Samsung what it hopes will be a competitive advantage in the payments market, as it’s not limited to NFC-based payments alone.
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Given that Samsung Pay is available only on certain Galaxy flagship devices and works with cards issued by specific banks, Samsung’s new mobile payment service is unlikely to be used by a vast majority of consumers in the United States.
