The way we pay is constantly evolving. Once upon a time, payments relied on humble cash, then plastic took over with a movement towards a cashless society – and now we can make payments using our personal phones and smartwatches.
One of the more popular new payment methods is Samsung Pay. Here’s what you need to know about it.
What is Samsung Pay?
Samsung Pay is a payment platform that’s exclusive to Samsung devices. It allows you to make payments directly from your bank account, simply by holding your Samsung device near a payment terminal (such as Eftpos).
Essentially, your device takes the place of a debit card, credit card or cash. Samsung Pay is an alternative to similar payment options from Apple (Apple Pay) and Google (Google Pay).
What are the benefits of Samsung Pay?
The main benefit of Samsung Pay is being able to simplify your payment methods. You can leave your bulky wallet or cards at home, and make purchases just about anywhere. It’s also safe and secure, thanks to Samsung incorporating stringent identity and money protection.
What devices are compatible with Samsung Pay?
The beauty of Samsung Pay is its compatibility with nearly all Samsung devices. This is because the technology is integrated into all Samsung Galaxy devices. It also works with some Samsung smartwatches. Speak to a Samsung customer service representative for more details.
How does Samsung Pay work?
Samsung Pay is relatively simply to download and use.
To get Samsung Pay on your compatible device:
- Download and install the Samsung Pay Android app
- Link Samsung Pay with your chosen registered debit card or bank account
- Give Samsung Pay permission to make payments directly from your nominated account
To make a purchase using Samsung Pay:
- Launch the Samsung Pay app (if you’re using a mobile phone, you can simply swipe up from the bottom of the screen – either in sleep mode or via the home screen)
- Your nominated debit card or bank account with appear along with a request to approve the payment (usually via fingerprint verification)
- If you want to change the debit card or bank account, a simple left or right swipe will allow you to edit this
- Once you’re happy, make the payment by holding your Samsung device near the payment terminal
- Your phone will tell you once the payment has been successful
Where can I use Samsung Pay?
One of the best things about Samsung Pay is that it’s accepted almost anywhere in Australia (unlike some of its competitors). This is because it doesn’t require special terminals to work (as Apple Pay and Google Pay do).
All Samsung Pay requires to make a payment is a regular magnetic strip reader – the same that works when swiping debit cards or credit cards.
Is Samsung Pay a safe way to make payments?
No system can offer complete protection, but Samsung Pay is fundamentally safe. Samsung Pay uses several quality security methods:
- Iris scan, which helps to protect your device and identity
- Fingerprint verification, so only you can verify a payment
- Passcode log-in, to further prevent fraudulent activity